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The U.S. has recently tightened sanctions on Iran, banning transaction with Iran's central bank. That could cripple Iranian oil sales by limiting financial transactions. Iran threatened to close the strait if the West tried to limit or stop Iran's own oil exports, which account for 80 percent of the country's public revenues. The country regularly conducts maneuvers and has also been active in fighting piracy in the Gulf of Aden.
[Associated
Press;
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