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President Trump threatened attacks on Houthi militants after the Iranian ally said it had hit two Saudi Arabian-flagged vessels.
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The price of crude oil is rising again following Houthi claims of attacks on tankers in the Red Sea. What could it mean for gas prices, inflation and the global economy?
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;Resize=(620)) U.S. President Donald Trump said on Thursday he would hold ?Iran accountable for any attacks by Yemen's Houthi militants, who ?said this week they ?were imposing a naval blockade on Saudi Arabia.
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The House Democratic campaign arm has stepped up its interventions in high-profile contested primaries. But this week, it suffered its third primary defeat in two months.
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The Trump administration has ramped its tariff actions back up since the president's trade agenda suffered major legal setbacks earlier this year.
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;Resize=(620)) U.S. President Donald Trump said Thursday a new agreement reached with Saudi Arabia for a civilian nuclear program will require the kingdom to normalize relations with Israel through the Abraham Accords, a move that Saudi Arabia has long rejected.
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The recent rebound reflects traders' growing concern about the expanding war, which now extends from the Persian Gulf to the Red Sea.
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Oil prices rose Thursday to their highest level since early June after the latest Iran war escalation threatened severe new disruption to global supplies.
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The president has attended two previous dignified transfers since the war began; this is the first since he declared the ceasefire over.
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