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Rising Fuel Prices Force Policymakers to Weigh Excruciating Choices

The Bank of England and European Central Bank held interest rates steady on Thursday, as officials search for signs of possible longer-term damage and...
HomeWorldIran’s Supreme Leader Signals Plan to Maintain Control Over Strait of Hormuz

Iran’s Supreme Leader Signals Plan to Maintain Control Over Strait of Hormuz

Ayatollah Mojtaba Khamenei said in a statement that Iran would establish “new legal frameworks” for the Strait of Hormuz. He also said his country would retain its nuclear capabilities.