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Iranian-linked ships carrying Russian oil were among those that received temporary exemptions from sanctions, a sign of how dire the energy crisis is becoming.
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The 25 basis points hike was in line with expectations from analysts polled by Reuters
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R.A.F. Fairford was the site of repeated antiwar protests during the Iraq war in 2003. Now it is being used again as a base for U.S. bombing missions in the Middle East.
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The escalating war in Iran has overshadowed many of the US' foreign policy objectives
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The European Union has rejected President Trump's request to help secure the Strait of Hormuz, saying the war is "not theirs."
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The Iran war wasn't expected to derail the Trump-Xi meeting in China, but analysts said it would influence the talks and any agreements that come out of them.
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Australia, Germany and Japan said they weren't planning to participate in efforts to reopen the Strait of Hormuz. President Trump said his call for help was really a loyalty test.
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Even as he's wrecking American institutions, he is revealing the limits of his cultural influence.
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The injuries have occurred as Iran launches waves of missile and one-way attack drones in response to the Trump administration's expansive assault.
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Temperatures are on the rise again this week and as hours of daylight overtake hours of darkness, it will feel like spring has returned.
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It comes after the war in Iran caused mass disruption to flights across the Middle East and UAE.
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President Trump's war in Iran has raised some costs just as many Americans are starting to see savings from last year's tax cuts.
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European leaders are hesitant to help Trump secure the Strait of Hormuz, but they know inaction on the Iran war isn't really an option.
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As Tehran continued strikes on targets across the Gulf region, Israel said it would hit Iran for "as long as needed" and expanded ground operations in Lebanon.
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U.S. allies and rivals responded cautiously after President Donald Trump said they should police the Strait of Hormuz, as Iranian threats to strike shipping on the vital trade route continue to cause chaos in global markets."Many countries, especially those who are affected by Iran's attempted closure of the Hormuz Strait, will be sending War Ships" to secure the shipping route, he posted Saturday on Truth Social, listing China, France, Japan, South Korea, the U.K. and "others" among t
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