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Rubio: Diplomacy Will Be Rendered 'Impossible' If Iran Enacts Hormuz Toll System Iran has been seeking to significantly expand the area around the Strait of Hormuz over which it claims military control by this week advancing the newly-created government agency of the "Persian Gulf Strait Authority". The agency quickly published a map proclaiming "Iranian armed forces oversight" across more than 22,000 sq km (8,800 sq miles) of the Hormuz waterway. Now, all transit through the strait "requires coordination with and authorization from the Persian Gulf Strait Authority" - the new entity announced. Of...

Apple Price Shock: Macs And iPads Jump $200 Or More As Memory Crisis Worsens Readers were warned as early as late January to front-run the coming memory shortage by purchasing their favorite electronics, whether PCs, laptops, TVs, smartphones, or anything else dependent on high-end memory chips, as unprecedented data-center demand was already beginning to emerge. Fast forward nearly five months, and just two weeks after Apple CEO Tim Cook warned that "price increases are unavoidable" for laptops and other devices, a Wall Street Journal report has confirmed that those hikes have...

Iran Seizes Two Ships In Hormuz Chokepoint As Tehran Received 'Some Signs' U.S. Ready To End Blockade The semi-official news agency Fars reports on X that Iran's Islamic Revolutionary Guard Corps seized the MSC Francesca and a Greek-owned ship named Euphoria, which had been attempting to transit the Hormuz chokepoint earlier today. In total, three ships were targeted this morning by IRGC naval forces, and two were seized. "The IRGC Navy seized two violating vessels and transferred them to Iran's coast. IRGC Navy Command: Disruption of order and safety in the...