The US Navy has announced plans to 'guide' stranded ships out of the Strait of Hormuz amid escalating tensions with Iran. The move, dubbed 'Project Freedom', aims to provide a humanitarian corridor for vessels to safely exit the waterway. The strait, a critical oil shipping route, has been blocked since the US-Israeli war with Iran began, with about 20% of global oil and liquefied natural gas typically passing through it. Read more...
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