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President Trump said he had postponed a "very major attack" against Iran, as Pakistan continued its mediation efforts to end the war.
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The Iran war continues to wreak havoc on global oil supply and the broader economy, even as the conflict appears to be locked in an uneasy stalemate.
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After a month stranded, a ship's Filipino crew voted under mounting pressure to risk the perilous six-hour journey, made treacherous by mines and Iranian attacks.
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Asia-Pacific markets traded mixed Tuesday, amid lower oil prices after President Donald Trump said he is postponing a scheduled attack on Iran
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