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Iran declares victory over US after a tense confrontation, but the real story may be more about political messaging than battlefield success. Tehran is using the moment to project strength, even as the broader outcome remains hotly disputed.
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Oil prices drop when diplomacy looks even slightly more promising, and that’s exactly what happened as traders reacted to cautious progress in US-Iran talks. The move eased some supply fears, but investors still treated the peace outlook as fragile and far from certain.
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Trump Iran strikes have been halted for now, but the Kharg Island scare has left tensions dangerously high. What looks like restraint may be only a brief pause in a fast-moving confrontation between Washington and Tehran.
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