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CNBC World NewsJul 16, 2026
Iran warns U.S. of Hormuz ‘red line,' says it will retaliate if Trump carries out threats
Trump warned that the U.S. will target Iranian infrastructure next week if negotiations do not resume.

CNBC World NewsJul 16, 2026
Oil pipelines around the Strait of Hormuz won't end the threat Iran poses to Middle East crude exports
Oil producers are building or contemplating new pipeline projects to bypass the Strait of Hormuz, but this infrastructure is still vulnerable, analysts said.
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