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Inflation in the US rises to 3.8%, mainly driven by higher gasoline prices due to the war
This marks the highest level since May 2023, with the war in the Middle East playing a significant role
Analysis: Why Iran struck the Fujairah oil facility and is “dragging” the US & Gulf countries back into war
The strategically important oil facility in Fujairah is critical for the global energy market – The port lies outside the Persian Gulf and is connected to UAE pipelines that bypass the Strait of Hormuz
Ceasefire in the air: Iranians leave Pakistan, Trump cancels Witkoff and Kushner trip
Abbas Araghchi departed Pakistan, signaling that Tehran will not accept “maximalist demands” – After the Iranian foreign minister’s departure, Donald Trump announced he canceled the trip of his two envoys, saying “we hold all the cards”
The security of the Middle East cannot be treated as a foreign issue to Europe
The joint meeting between European leaders and leaders from countries in the region concluded in Nicosia, as part of the informal European Council summit held in Cyprus, delivering a clear message: the security of the Middle East cannot be treated as a foreign issue for Europe