U.S. seizes Iranian cargo ship. And, tariff refund portal launches

U.S. forces have seized an Iranian-flagged cargo vessel in the strategically significant Strait of Hormuz, a key waterway for global oil shipments. This action reflects ongoing tensions in the region and the U.S. government's efforts to enforce maritime regulations.

Additionally, a new online government portal has been launched to facilitate the processing of tariff refunds. This initiative aims to streamline the refund process for businesses and individuals affected by tariffs, providing a more efficient way to manage financial claims related to import duties.