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2026-04-29 08:40:47

Tensions in the Gulf have escalated with Iran asserting its right to counter US actions, potentially disrupting oil supply routes. The EU's maintenance of Iran sanctions further complicates the situation, impacting crude oil markets and the US-Iran ceasefire outlook. These developments follow a pattern of increasing hostilities, with the US base damage in the Gulf highlighting the reluctance of host nations to accommodate US forces.

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