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Strait of Hormuz

Vessel strikes mine in key Persian Gulf waterway

Iranian officials report a ship caught fire after hitting an underwater explosive in the eastern section of the narrow shipping lane.

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HotIran

Oil falls as US and Iran reportedly near interim deal

Brent crude dropped 2.52 percent to $102.13 per barrel and WTI fell 1.96 percent to $94.57 amid reports of progress in US-Iran talks. Sources say discussions focus on announcing an interim agreement, though a final deal remains unconfirmed.

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