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Trump Rejects Iran Deal, Extends Hormuz Blockade as Gas Hits $4.12 and 80% Cut Spending

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Trump speaking in conference about Strait of Hormuz and oil pricesThe Iran blockade continues as President Trump rejected Tehran’s proposal to reopen the Strait of Hormuz, opting instead for what The Wall Street Journal describes as an “extended blockade” strategy. Gas prices have surged to $4.12 per gallon, up 38% since the conflict began on February 28, and nearly 80% of Americans have changed their […]
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