Economies in Latin America and Europe rely on American diesel. Stopping exports could tip some countries into recession, hurting trade with the United States.
The Coast Guard has intercepted two small boats it says were carrying illegal fuel to Cuba as the United States enforces a fuel blockade aimed at Cuba’s Communist government.
The State Department cited unspecified security concerns in announcing the unusual move. A closely fought presidential election in Brazil takes place on Sunday.
Iran has been launching drones and missiles at commercial ships in the waterway each week, though it has often failed to strike its targets, according to a Western security official.
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