HIGH RISK April 20, 2026

US Seizes Iranian Vessel Near Hormuz Strait Amid Escalating Tensions and Peace Talk Uncertainty

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US forces attacked and seized the Iranian-flagged cargo ship Touska near the Strait of Hormuz, prompting Iran to condemn the action as 'piracy' and vow retaliation. The incident occurs amid conflicting signals about US-Iran peace negotiations and has triggered a surge in oil prices exceeding 7%.

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