The U.S. military's latest move has made the situation in the Strait of Hormuz even more tense, and oil prices are likely to jump.

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CryptoWorld News reports, citing Reuters, that the U.S. military carried out new strikes against an Iranian military base that poses a threat to U.S. forces and commercial navigation in the Strait of Hormuz. In addition, the U.S. military intercepted and shot down multiple Iranian drones that posed threats to U.S. forces and commercial maritime traffic.
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