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CoinWorld News reports that U.S. Energy Secretary Rick during the 11th "Three Seas Initiative" Summit held in Dubrovnik stated that not all of the mines laid by Iran in the Strait of Hormuz need to be cleared, and ships can resume passage through this critical waterway. He pointed out, "Only a single shipping lane needs to be opened for entry and exit. I believe this can be achieved quickly." Additionally, Rick mentioned that the United States plans to announce a "historic" pipeline agreement, which will increase U.S. oil and natural gas imports to Europe as part of Trump's "Peace Pipeline Agenda."