US president claims shipping route is open for all except Iranian ships after another night of strikes on Iran
US launches third night of strikes on Iran as Trump announces Hormuz blockade
Resurgent oil and fuel prices could cement a fourth interest rate rise in Australia this year if Donald Trump’s renewed conflict with Iran is not resolved within a week, economists warn.
US missile strikes on Iran and Trump’s announcement of a new maritime blockade has lifted oil prices to their highest point in the month since the two countries agreed to a peace deal.
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