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Oil Price Hits Wartime High Above $120 a Barrel as Iran War Standoff Continues

The longer the disruption to Middle East fuel supplies lasts, the risk grows that higher energy costs will feed into broader inflation that could...
HomePoliticsTrump administration labels Iran a state sponsor of wrongful detention

Trump administration labels Iran a state sponsor of wrongful detention

Ahead of the decision to launch military strikes, the U.S. issued a designation that enables punishing Iran for detaining Americans for political leverage.