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Before the Iran war, regional powers were rushing for a diplomatic solution to rising tensions between the U.S. and Iran. Now, facing President Donald Trump's threats of a civilization's obliteration, those efforts are at a global peak.
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President Trump issued the grave new warning against Iran's "whole civilization" if it doesn't agree to his demands by Tuesday night.
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The near closure of the Strait of Hormuz since the war began has led to a historic oil supply shock, which quickly sent global energy prices soaring.
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President Donald Trump said the United States would target "every" Iranian bridge and power plant. Experts say such blanket action violates international law.
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The president had issued a deadline of 8 p.m. Eastern time for Iran to open up the Strait of Hormuz, pledging destruction by midnight if leaders don't comply.
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Treasury yields were relatively unchanged on Tuesday as President Donald Trump again warned the U.S. would strike Iranian civilian and energy infrastructure.
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Even potato chips aren't safe from the ripple effects of President Trump's Iran war, which is disrupting supply chains across Asia.
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The defense secretary's rosy portrayal of U.S. success in the conflict risks misinforming the public and the president, observers worry.
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With the clock ticking, President Trump radically expanded his threat to the entire Iranian nation if its leaders fail to do a deal to open the Strait of Hormuz by Tuesday night.
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