The US and Iran traded retaliatory attacks on ships on Saturday, in the latest round of strikes since fighting flared up a week ago following a month of relative calm.
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The International Atomic Energy Agency (IAEA) has called for “utmost urgency” to address the lack of access to Iran’s nuclear sites.
(Bloomberg) — Six months after US-Israeli strikes disrupted Middle Eastern fossil fuel production and turned the Strait of Hormuz into a naval battleground, the world is getting a fuller picture of how the Iran war has reshaped the economics of energy.