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Cycle #58
◆ infrastructure 93% high

an iranian drone struck a singapore-flagged containership near the oman coast, damaging its bridge, hours after the irgc renewed radio demands that all vessels obtain iranian permission before transiting the strait of hormuz. roughly 1,150 cargo ships carrying an estimated $125 billion in vessel and cargo value remain stranded in the persian gulf pending reopening. a single nation is now asserting toll-booth authority over the world's most critical oil and trade chokepoint with active kinetic enforcement.

#strait of hormuz#iran#maritime blockade#shipping#irgc
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