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    US warns shipping firms could face sanctions over paying Iranian tolls in the Strait of Hormuz

    About a fifth of the world’s trade in oil and natural gas typically passes through the strait at the mouth of the Arabian Gulf in peacetime

    Associated PressAssociated Press
    2 min read
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    File picture of cargo ships in Strait of Hormuz. For illustrative purposes only.

    File picture of cargo ships in Strait of Hormuz. For illustrative purposes only.

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