US-Iran Relations
Van Hollen calls U.S. blockade tied to Iranian ports a “losing strategy,” urges end to unauthorized Iran war
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Sen. Chris Van Hollen, a Maryland Democrat on the Senate Foreign Relations Committee, said President Donald Trump’s move to blockade shipping to and from Iranian ports is unlikely to achieve the administration’s goal of reopening the Strait of Hormuz and argued the conflict is unlawful without congressional authorization.
South Korean stocks opened sharply higher Tuesday amid revived hopes for US-Iran peace talks after a US naval blockade of the Strait of Hormuz. The benchmark KOSPI surged 2.61% to 5,960 at open, while the won strengthened to 1,478.8 per dollar, up 10.5 won.
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The United States has used a reverse-engineered version of Iran's Shahed 136 drone against Iran in recent Gulf clashes. This low-cost unmanned system, known as LUCAS, marks its first combat deployment amid escalating tensions. The move highlights how inexpensive drones are reshaping modern warfare economics.