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The U.S. military reports that six merchant vessels complied with orders to turn back during the first 24 hours of a naval blockade imposed on Iran's ports and coastal areas, following the breakdown of peace talks between the U.S. and Iran.
Bahrain has circulated a revised United Nations Security Council draft resolution on protecting commercial shipping in and around the Strait of Hormuz, removing an explicit reference to binding enforcement powers in an apparent attempt to win broader support.
Saudi oil giant Aramco has begun cutting output at two of its oilfields, two sources said on Monday, after the vital Strait of Hormuz was choked by the US-Israeli war on Iran and subsequent attacks on the waterway.
Saudi Aramco has sold several cargoes of ultra-light crude oil from its Jafurah gas plant to U.S. majors and an Indian refiner, marking a significant step in its expansion into global natural gas markets.