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US, Iran in Battle to Control Strait of Hormuz

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US, Iran in Battle to Control Strait of Hormuz
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The US and Iran are locked in a battle for control of the Strait of Hormuz after failing to meet for a fresh round of peace talks even as President Donald Trump says he'll keep a ceasefire in place. Michael Ratney, the former US ambassador to Saudi Arabia, shares his perspective on "Bloomberg The Close." (Source: Bloomberg)

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