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The U.S. blockade would apply to "any and all Ships trying to enter, or leave, the Strait of Hormuz," President Donald Trump said.
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Brent crude oil, the international standard, rose $7.04, or 7.4 per cent, to $102.24 US a barrel on Monday. That's up from roughly $70 per barrel before the war in late February. Markets in France, Britain, Germany, Japan, South Korea and more also declined.
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Pope Leo XIV says he will not be deterred by criticism from President Trump, vowing to continue his calls for peace as tensions escalate between the Vatican and Washington over the Iran conflict.
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Veteran church observers say an open war of words between a pope and a U.S. president is unprecedented.
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The Hungarian prime minister, a self-proclaimed champion of illiberal Christian democracy, turned thwarting E.U. policy into an art form but suffered a resounding election defeat.
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Jared Kushner and Steve Witkoff thought they could broker peace like a business deal. The war in Iran proves how wrong they were.
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Vice President JD Vance and Iranian officials both said significant differences remain in the quest for a deal that could bring a more permanent end to the war, though the fragile two-week ceasefire remains in place.
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Pope Leo has issued his strongest words yet on the war in Iran. ABC News' Melissa Adan reports from Vatican City.
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In Israel, support for the war against Iran has been high. Civilians readily made sacrifices to support strategic aims. But the ceasefire has left many feeling the job was unfinished, and assessments of Prime Minister Benjamin Netanyahu's leadership have been harsh.
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