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Hello and welcome to NewsHour.
It's coming to you live from the BBC World Service studios in central London.
I'm Tim Franks.
We're beginning with what feels like a split screen.
There are the placid waters around the Strait of Hormuz.
To the west, an even more static picture, that of hundreds of tankers becalmed, unable to move.
The other image is very different, albeit metaphorical,