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The Economic Times
The Economic Times
National

War returns to West Asia, oil seesaws as Hormuz bleeds

Oil Hormuz Iran Donald Trump United States Bahrain Jordan Strait of Hormuz

Washington: Early on Tuesday, the US launched a third round of strikes on Iran, which retaliated by attacking US military bases in Jordan and Bahrain, even as US President Donald Trump backed down from his threat to heavily tax ships passing through the Strait of Hormuz.

The fresh attacks left an interim peace deal in tatters.

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