Gulf Insider
Despite a ceasefire still technically being on, President Trump has just ordered the US Navy to “shoot and kill” any small Iranian boat which poses a threat to the Strait of Hormuz, especially ones “putting mines in the waters” of the strait. This risks rapid escalation already amid tit-for-tat tanker seizures, and it means a shooting war could soon open up in the contested vital waterway. Oil, and markets reacted immediately on the escalatory order from Washington: READ MORE: Trump Extends Ceasefire for 3-5 Days
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