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Ceasefire raised hopes of halting hostilities between Iran, Israel and the United States.
Ayatollah Khamenei was succeeded by his son Mojtaba, who remains unseen and reportedly wounded.
KEY POINTS
- Iran is reportedly charging up to $2 million per vessel to pass through the Strait of Hormuz.
- The U.S. destroyed over 150 Iranian ships, but Iran still controls the Strait of Hormuz.
- Iran's 10-point peace proposal rejects dismantling its nuclear program and ending support for allied groups.
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