US Navy Clears Hormuz Mines, Shipping Resumes
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U.S. Navy ramps up mine-clearing mission in Strait of Hormuz, aiming to restore oil shipping after Iran conflict. Despite President Trumps order to triple efforts, experts warn the psychological impact may persist, as shipping firms reroute and insurers remain cautious. Assets like uncrewed vehicles and helicopter lasers focus on high-traffic paths, making total mine elimination challenging. Energy prices rise, and confidence in the strait gradually recovers as companies weigh profits against lingering risks.
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