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Trump says he has total control of Hormuz as standoff deepens
CNBC Markets reports that the Trump administration has asserted it has total control of the Strait of Hormuz while the regional standoff with Iran continues to escalate.
According to CNBC World, Washington and Tehran have staked out sharply different positions, even as both sides discussed winding down regional hostilities.
The coverage highlights that the gap between the United States and Iran remains wide, despite efforts to move toward de escalation.
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