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Trump: Will reinstate the "blockade against Iran" and charge a 20% "compensation fee" for goods passing through the Strait of Hormuz.

Trump: Will reinstate the "blockade against Iran" and charge a 20% "compensation fee" for goods passing through the Strait of Hormuz.

``` According to Xinhua News Agency, US President Trump said on the 13th that he would reinstate the maritime blockade against Iran. According to CCTV News, on July 13 local time, US President Trump posted on the social media platform "Truth Social" stating that the Strait of Hormuz is

OPEC Monthly Report: UAE crude oil production surged 80% in June; global oil demand forecast for 2026 lowered

OPEC Monthly Report: UAE crude oil production surged 80% in June; global oil demand forecast for 2026 lowered

Korea's credit dries up, SK Hynix evaporates $89 billion—but A-shares made two counter-votes in the same panic.

Korea's credit dries up, SK Hynix evaporates $89 billion—but A-shares made two counter-votes in the same panic.

Hormuz risk forces UAE to take new measures? Dubai reportedly plans to build a new port to bypass the Strait

Hormuz risk forces UAE to take new measures? Dubai reportedly plans to build a new port to bypass the Strait

Betting on AI infrastructure demand, Intel announces 5 billion euro investment to expand Ireland wafer factory.

Betting on AI infrastructure demand, Intel announces 5 billion euro investment to expand Ireland wafer factory.

Volkswagen plans to lay off another 50,000 employees; CEO launches a new round of cost reforms.

Volkswagen plans to lay off another 50,000 employees; CEO launches a new round of cost reforms.

Inflation reignites and coincides with bank earnings! Wall Street veteran: Keep a close eye on the "credit risk" behind banks’ profit statements.

Inflation reignites and coincides with bank earnings! Wall Street veteran: Keep a close eye on the "credit risk" behind banks’ profit statements.