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The Kharg Question: Why Washington's Bluff on Iran's Oil Island Is the Story
Donald Trump has floated taking 'total control' of Iran's oil and gas markets. Tehran is mining its own shores. Polymarket puts the odds at 8%. The gap between rhetoric and action is the story.

This article focuses on the gap between declared US policy and the operational, market, and regional constraints on enforcing it. The wire coverage emphasised the headline announcement; this publication read the day as a study in the limits of coercive signalling.
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