US won’t let Iran set ‘dangerous precedent’ by controlling Strait of Hormuz, Rubio warns

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AI Fusion Summary

Secretary of State Marco Rubio stated the US will not allow Iran to set a dangerous precedent by controlling the Strait of Hormuz. While Rubio remains open to negotiated diplomacy, he noted Iran currently lacks seriousness. Simultaneously, Iran warns that tensions in the Strait of Hormuz could disrupt oil supplies. Market projections suggest WTI may reach $90 in July, with a 67.3% probability, reflecting the economic impact of these geopolitical frictions.
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