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The Economic Times

Top News / The Economic Times

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Iran shows off its control over strait after collapse of peace talks

Iran has asserted control over the Strait of Hormuz. This follows the breakdown of peace talks. The United States has boarded another tanker. Iran claims it captured two vessels for attempting to cross without permits. Tensions are high as the world's key shipping corridor faces disruption. Markets are reacting to the ongoing energy crisis.

23 Apr 2026 7:20 pm