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The selection of Mojtaba Khamenei sent a message of defiance against Donald Trump after U.S.-Israeli strikes killed his father Ayatollah Ali Khamenei.
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Shortly after the surge, U.S. President Donald Trump said on Truth Social that "short term oil prices" are "a very small price to pay".
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Gulf Arab oil producers are cutting production as they run out of storage space because they can't export through the Strait of Hormuz
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U.S. President Donald Trump has said Mojtaba Khamenei, son of the late Ayatollah Ali Khamenei, would be "unacceptable" for the position.
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The phone call comes after a week in which Donald Trump repeatedly expressed frustration at Keir Starmer's stance on Iran.
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President Donald Trump called upon the Iranian Revolutionary Guard, military and police to "lay down their arms" against the U.S. and Israel.
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The ten second video was released by Iranian state media and directly contradicts statements made by President Trump, who said Iran was responsible for the strike.
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The global oil benchmark topped $100 a barrel late Sunday, putting Republicans on the defensive on an issue at the center of this year's midterm elections.
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After a year of tariff threats, insults and diplomatic clashes with European allies, President Donald Trump is left to wage a war in Iran with only Israel by his side."This is not Winston Churchill that we're dealing with," Trump said on Monday after U.K.
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The war with Iran is quickly becoming an economic problem for the United States — and a policy dilemma for the Federal Reserve
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The ruling, which said that Kari Lake's appointment to oversee V.O.A.'s parent agency was invalid, was a major rejection of President Trump's attempts to dismantle the government-funded news group.
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Europeans are divided over how to respond to the US/Israel war with Iran. German leaders have been measured, while Spain's prime minister has been critical of the Trump Administration and of Israel.
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President Trump gave his firmest indication yet that the U.S. may not increase tariffs on Chinese goods on March 1, as scheduled, despite statements by his top trade official that the U.S. should stick to a firm deadline.
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