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US warns Iran over threat to close vital oil route

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The US Navy has said it will not allow one of the world's most important oil trade routes to be disrupted, following a threat by Iran to stop ships passing through the Strait of Hormuz. A spokesperson for the Fifth Fleet, based in Bahrain, said the free flow of goods and services through the channel was vital to regional and global prosperity. ... http://www.euronews.net/

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