Strait of Hormuz
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worldGulf States Sway Trump to Halt Iran Strikes, Show Regional Clout
Trump delays Iran attack after Qatar, Saudi Arabia, and UAE urge diplomacy; Gulf mediators push for a deal to avoid escalation.
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worldIran Demands Fees from Big Tech for Undersea Internet Cables in Strait of Hormuz
Iran asserts authority over Strait of Hormuz subsea cables, threatening to charge Meta, Google, Amazon, and Microsoft for usage and maintenance.
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financeCanadian Inflation Hits 2.8% as Gas Prices Surge
Canadian inflation jumped to 2.8% in April, driven by soaring gas prices linked to geopolitical tensions.
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worldUS Blockade Emptyies Iran's Kharg Island of Tankers for 10 Days
The US Navy's blockade has shut down Iran's key oil terminal, Kharg Island, halting crude exports and causing a massive oil slick.
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worldOil Prices Slide as Trump Calls Off Planned Military Strike on Iran
Brent crude drops 1.33% after Trump postpones Iran attack. IEA warns oil inventories depleting rapidly amid Gulf supply disruptions.
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worldOil Prices Drop 2% as Trump Halts Iran Strike Plan for Talks
Crude falls after Trump pauses Iran attack; Strait of Hormuz remains key risk as inventories drop.
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worldTrump Calls Off Planned Military Strike on Iran After Gulf Allies Intervene
President Trump halts a scheduled attack on Iran at the request of Qatar, Saudi Arabia, and UAE, citing ongoing nuclear negotiations.
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financeJapan's Q1 GDP Surges Past Forecasts, Energy Crisis Looms
Japan's economy grew an annualized 2.1% in Q1, beating expectations, but the Middle East conflict threatens future growth.