Iran's confrontation with Washington continues to escalate, with US officials reporting Marines injured in an attack in the Strait of Hormuz and a proposed truce plan rejected, eve
Iran's confrontation with Washington continues to escalate, with US officials reporting Marines injured in an attack in the Strait of Hormuz and a proposed truce plan rejected, even as talks are expected to resume this week. Economic pressure is mounting alongside the military tension, with US officials predicting Iran's oil revenues could leave the economy with little to trade within weeks. Gulf markets remain mixed as shipping through the strait stays the central focus for regional observers.
Sources
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