TechFlow News, June 20: U.S. President Trump stated that approximately 700 vessels are currently transiting the Strait of Hormuz. Iran must reach an agreement within 60 days; otherwise, “we will take some actions that will make them unhappy.” He added that he believes matters will not escalate to that point. “Remember, if we do that, then suddenly oil will no longer flow through the Strait of Hormuz, because those who own multi-billion-dollar vessels don’t like missiles flying over their heads or mines scattered across the water’s surface,” he said. (Jinshi)
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