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U.S. Navy blockade of Iran enters fourth day. Here's the latest tanker traffic in Strait of Hormuz CNBCHow the Iran War, Then the U.S. Blockade, Has Changed the Strait of Hormuz: Maps The New York TimesUS-sanctioned supertankers enter Gulf despite blockade ReutersIran-Linked Ships Take New Path To Trickle Into the Persian Gulf Bloomberg.com
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Trump speaks with Lebanese president amid Israel ceasefire push AxiosIran War Live Updates: Hegseth and Pentagon Officials Speak on U.S. Military Blockade The New York TimesIsrael and Lebanon agree to 10-day ceasefire, Trump says CNBCTrump predicted Israel-Lebanon leaders would speak ‘tomorrow' — Beirut shut it down as ceasefi
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Stocks may be soaring again, but the war in Iran has started to pinch the finances of many Americans.
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PepsiCo shares rallied Thursday after the beverage and snack giant indicated that new products and recent price cuts had brought back wary customers, while noting that it hadn't taken much of a hit yet from the Iran war.
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House hands Trump a win with failed Iran war powers vote AxiosHouse effort to end Trump's war with Iran fails by one vote NBC NewsRepublicans Twiddle Their Thumbs on Iran as Democrats Seethe Foreign PolicyHouse Again Thwarts Challenge to Trump's Authority to Continue Iran War The New York TimesHouse Republicans block measure to rein in Trump on Iran as floor debate gets heated MS NOW
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Executives at the food and drink giant announced a rise in sales of drinks and snacks but warned that "inflation will come."
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Airlines have raised airfare, fuel surcharges and baggage fees this year to help cover a surge in fuel costs since the Iran war started on Feb. 28.
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Exports and fiscal stimulus offset a still weak domestic economy in the first quarter
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Many Fed districts also reported growing signs of financial strain among consumers, along with increased price sensitivity and rising demand at food banks.
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Ride-hailing company Didi plans to begin its first overseas robotaxi test in the United Arab Emirates later this year.
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Wall Street was on track to open lower again Friday as oil prices continued to climb, hitting the highest level in nearly two years less than a week since the U.S. and Israel began bombing Iran, one of the world's top oil producers.
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