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Business May 14, 2026

UK GDP Report to Reveal Iran War's Economic Impact

The upcoming UK GDP report is expected to show economic damage from the Iran war, with forecasts in…
The Lead: Economic Fallout from Middle East ConflictThe UK economy faces a critical moment as the first quarter GDP report is set to reveal how much damage the early weeks of the Iran war have inflicted on economic activity. With the conflict beginning at the end of February, economists anticipate the Middle East tensions have already begun to hamper growth in what was showing signs of recovery.The Event Details: GDP Under Pressure from Geopolitical ShocksThe first estimate of UK gross domestic product (GDP) for March 2026 and the first quarter is due to be released at 7am BST. The consensus among economists suggests GDP may have fallen by around 0.2% in March, reversing the 0.5% growth recorded in February. This potential contraction comes as businesses and households adjust to the new reality of heightened geopolitical tensions in the Middle East.For Q1 as a whole, City experts predict growth of 0.6%, up from 0.1% in October-December 2025, suggesting that while the quarter as a whole showed resilience, the impact of the Iran war was already being felt by March.The Data Analysis: Economic Indicators Show Mixed SignalsThe economic data presents a complex picture. While the headline GDP numbers are expected to show moderation, other indicators have shown surprising resilience. Retail sales and Purchasing Managers' Indices (PMIs) have held up relatively well, though some of this strength may reflect firms and households bringing forward spending in anticipation of further price rises.However, input price inflation has picked up sharply, and job vacancies continue to fall, pointing to softer demand conditions ahead. The housing market, in particular, is showing signs of strain, with estate agents reporting a "noticeable softening" in demand from potential homebuyers across England and Wales.The Impact Analysis: UK Economy in State of TransitionThe UK economy appears to be in a precarious state of transition. It began the year with some momentum as business sentiment recovered following the Autumn Budget, but the conflict in the Middle East has since stifled that momentum. The war has introduced new uncertainties that are affecting business investment decisions and consumer confidence.The energy sector is particularly vulnerable, with rising energy prices expected to impact both production costs and consumer spending. Food inflation is also set to jump, compounding the pressure on household budgets. This combination of factors suggests the UK economy may be entering a period of stagflation—characterized by stagnant growth alongside rising prices.The Prediction: A Year of Weak Growth and High InflationEconomists are increasingly warning that 2026 could be a challenging year for the UK economy. Fergus Jimenez-England, associate economist at the National Institute of Economic and Social Research (NIESR), fears the UK economy faces "a year of weak growth and high inflation." This outlook suggests that the initial impact of the Iran war may be just the beginning of a more prolonged period of economic difficulty.The government will face difficult choices as it seeks to balance support for households and businesses with the need to maintain fiscal discipline. The Bank of England may also come under pressure to adjust its monetary policy in response to changing economic conditions, potentially facing a dilemma between supporting growth and controlling inflation.
#UK economy #GDP #Iran war
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Business May 14, 2026

UK Housing Market Faces Softening Amidst Middle East Conflict and Rate Fears

Fears of rising inflation and interest rates triggered by the Middle East conflict are causing a no…
The Impact of Geopolitical Tension on UK Real EstateFears of higher mortgage rates and rising inflation as a result of the Middle East conflict are leading to a subdued and downbeat housing market, according to estate agents. The Royal Institution of Chartered Surveyors (RICS) has observed a "noticeable softening" in demand across England and Wales, driven by increased caution among both buyers and sellers.RICS Data Reveals Softening DemandThe RICS monthly survey indicates that market momentum is weak, with a net balance of 34% of members reporting that new buyer inquiries had fallen in April compared to the previous month. While this represents a slight improvement from the 40% drop seen in March, it remains indicative of significant market hesitation.Agreed Sales: The volume of agreed sales deteriorated, with 36% of agents reporting a fall in April versus 35% in March.New Listings: The flow of new properties being put up for sale was "largely stagnant" over April.Regional Divergence and Rental Market PressureA widening regional divide is emerging, with stronger price falls reported in London, the south-east, East Anglia, and the south-west. Conversely, the north-west and north of England continue to post marginally positive readings. Simultaneously, the rental market is tightening as landlords exit the sector due to increasing regulation and higher taxes, leading to a net balance of 25% of respondents expecting rents to rise.Future Outlook: Navigating Rate UncertaintyWith the Bank of England warning that higher inflation is "unavoidable" due to the war and rising oil prices, mortgage rates are likely to remain a critical factor. Tarrant Parsons of RICS noted that until there is a clearer path for inflation and borrowing costs, activity will remain subdued. Savills data supports this, showing that transactions increased by just 1% year-on-year in the first quarter, highlighting the impact of caution on completion timeframes.
#RICS #Bank of England #Savills
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Environment May 14, 2026

xAI’s Mississippi Data Center Runs Nearly 50 Untethered Gas Turbines, Skirting State Regulations

Elon Musk’s xAI is operating about 46 natural‑gas turbines at its Mississippi data center, exploiti…
Deployment of Mobile Gas Turbines at xAI’s Mississippi FacilityElon Musk’s artificial‑intelligence venture xAI has installed nearly 50 natural‑gas turbines at its data center in Mississippi. The turbines sit on flatbed trailers, a classification that the state currently treats as “mobile,” allowing them to bypass standard air‑pollution regulations for a year.Permit Gaps and Turbine Count Reveal Regulatory LoopholeState permits have been granted for 15 turbines only.A Greater Memphis Chamber press release noted that about half of the 35 turbines operating in May 2025 would stay on site.Local reporting now shows xAI is running 46 turbines.Potential Air‑Quality Deterioration and Legal RamificationsThe NAACP, representing nearby residents, filed a lawsuit alleging the emissions worsen an already polluted region. The Southern Environmental Law Center argues that, despite the “mobile” label, federal law still treats trailer‑mounted power plants as stationary sources subject to regulation.Future Legal Battles and Regulatory Scrutiny LikelyThe plaintiffs have asked the court for an injunction to halt the turbines. If successful, xAI may be forced to obtain full permits or dismantle the units, setting a precedent for how mobile power generators are regulated nationwide.
#xAI #Elon Musk #Mississippi
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Science May 13, 2026

Neanderthals Performed Advanced Dental Procedures 59,000 Years Ago

Archaeologists have discovered evidence that Neanderthals used stone drills to treat cavities 59,00…
The Earliest Known Dental TreatmentNeanderthals used stone drills to treat cavities almost 60,000 years ago in what is the earliest known evidence of dental treatment. This groundbreaking discovery challenges previous assumptions about Neanderthal capabilities and reveals their sophisticated approach to medical care.The Discovery in SiberiaThe single molar, unearthed in a cave in southern Siberia's Chagyrskaya site, features a deep hole that appears to have been created using a sharp, thin stone tool during the lifetime of the tooth's owner. The tooth, dated to be 59,000 years old, was found alongside the remains of Neanderthals and thousands of stone tools that have been excavated at the site.Scientific Evidence of Ancient DentistryThe lower molar features a deep hole in the centre of the tooth extending into the pulp cavity. Microscopic X-ray imaging revealed changes in mineralization that indicated severe tooth decay. Researchers conducted experiments on three modern human teeth to demonstrate that a hole of the same shape and patterns of microscopic grooves could be created by manually rotating a narrow, elongated tool made from local jasper between two fingers. Penetrating the dentin using this approach took between 35 and 50 minutes of continuous work.Expert Analysis of the ProcedureDr. Kseniya Kolobova, an archaeologist at the Siberian branch of the Russian Academy of Sciences, noted that this discovery "powerfully reinforces the now well-supported view that Neanderthals were not the brutish, inferior cousins of outdated stereotypes but a sophisticated human population with complex cognitive and cultural capacities."A dental professor who reviewed images of the tooth rated the Neanderthal's work as "a decent job." Justin Durham, a professor of orofacial pain at Newcastle University and the British Dental Association's chief scientific adviser, stated: "If I was marking this for a dental student, I wouldn't give it an A, but given the circumstances it's pretty impressive."Implications for Understanding Neanderthal CapabilitiesThis discovery represents the first time dental drilling has been demonstrated outside of Homo sapiens, and it is the oldest example of such behavior by more than 40,000 years. The smoothed edges of the drilled cavity and wear patterns inside it suggest the individual survived and continued to chew with the tooth for some time after the procedure.Dr. Lydia Zotkina, an archaeologist at the Russian Academy of Sciences and co-author, emphasized the remarkable strength of will required: "What struck me, and continues to strike me, is what an incredibly strong-willed person this Neanderthal must have been. They must have surely understood that although the pain of the procedure was greater than the pain of the inflammation, it was only temporary and had to be endured."This finding adds to previous evidence of Neanderthals caring for the sick and vulnerable group members, including an adult man with a withered arm and deformities in both legs, and a child with Down's syndrome who survived until at least the age of six. The latest discovery reveals not only compassion, but an impressive level of self-control by the patient and advanced technical skills by the practitioner.
#Neanderthals #Archaeology #Dental History
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Politics May 13, 2026

Nigel Farage Faces Scrutiny Over Undisclosed £5m Crypto Gift

Nigel Farage is facing increasing scrutiny over a £5m gift from crypto-billionaire Christopher Harb…
The Undisclosed £5m GiftNigel Farage has been dogged by questions about his finances since the Guardian revealed he received a £5m gift from a donor in 2024. Although he insists the gift did not have to be declared, several important questions remain unanswered.The sum was given shortly before Farage decided to stand in the 2024 general election – and it came from a Reform UK mega-donor, the Thai-based crypto-billionaire Christopher Harborne. In recent days, Farage has attempted to deflect attention away from the gift, saying on several occasions that the money was to pay for his personal security, and that he would rather talk about it another time.Financial Questions RemainAmong the key questions is whether this was the only gift Farage received in the run-up to the 2024 general election and beyond. Reform UK did not respond to questions about whether any other gifts were made after the one in 2024 or if any other donors made any other gifts to Farage or other senior figures in Reform.There is also uncertainty about exactly what the money was used for. Farage initially claimed the money "was given to me so that I would be safe and secure for the rest of my life" because he did not receive taxpayer-funded security. However, according to Zia Yusuf, the former head of policy at Reform, Farage was receiving some public funding for his security as recently as 2025 – more than a year after he had accepted the £5m gift.The Clacton House PurchaseAnother area of Farage's personal finances that has attracted scrutiny is how his partner, Laure Ferrari, managed to buy an £885,000 home in Clacton-on-Sea, Essex. Ferrari has confirmed in an interview with the French newspaper Le Monde that she did not cover the full cost with any inheritance from her family, despite Farage previously stating that she could afford it herself because she comes from a "very successful French family."It would have been legal for Farage to give or lend her the funds, and thereby avoid paying £44,000 of additional stamp duty on the purchase. But he has consistently denied providing any financial assistance for the property.Political ImplicationsFarage's political opponents have seized on the disclosure. Kevin Hollinrake, the Conservative party chair, has said Farage was "obliged" to declare the gift. The Reform leader may soon face questions from the Electoral Commission or the parliamentary standards watchdog, both of which have received reports related to the gift.On Wednesday, the parliamentary standards commissioner opened a formal inquiry into the gift. Reform has put great weight on the idea that this was a personal gift and that it was made prior to Farage's decision to stand for parliament, with deputy leader Richard Tice stating: "The state wouldn't provide the funding, and this was a personal gift based around safety and security."Future Investigations LikelyWith the parliamentary standards commissioner now having opened a formal inquiry, Farage faces increasing pressure to provide transparent answers about the £5m gift. The investigation could potentially lead to further scrutiny of other financial transactions involving Farage and senior Reform figures.This controversy comes at a critical time for Farage and Reform UK, as the party continues to establish itself in British politics. The handling of this situation could significantly impact public perception of the party's commitment to transparency and ethical standards.
#Nigel Farage #Reform UK #Christopher Harborne
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Health May 13, 2026

Global Obesity Rates Show Divergent Trends: High-Income Countries Level Off While Developing Nations See Continued Rise

A comprehensive international study reveals that while obesity continues to rise globally, signific…
The Global Obesity Landscape: Not a Uniform EpidemicA continuing rise in obesity around the world is not inevitable, research suggests, with rates in some countries levelling off or potentially in decline. Researchers say focusing on what has been described as a global epidemic of obesity hides large variations in trends across different countries, sexes and age groups.Majid Ezzati, a professor of global environmental health at Imperial College London and author of the study, said: "I think the thing that's really important is this diversity exists even across countries that have really similar economic, environmental, technological features. So countries may look the same on the surface of it but obesity looks different."Comprehensive Analysis Reveals Complex PatternsWriting in the journal Nature, the international team, which involved a network of almost 2,000 researchers, described how for each country they calculated the change in the prevalence of obesity each year between 1980 and 2024. They drew on data from 4,050 population-based studies involving 232 million participants aged five years and above.They found that the prevalence of obesity increased in almost all countries over the 45-year period. However, in most high-income countries, a rapid rise in the prevalence of obesity has been replaced by a slower increase, a plateau, or a potential decline.Regional Variations in Obesity PrevalenceThe rate of growth in obesity is slowing in adults in the US and UK, reaching a prevalence of 40-43% and 27-30% respectively in 2024. Obesity is increasing steadily in Finland, has plateaued in Germany and may have started to decline in France, where 24-25%, 20-23% and 11-12% of adults respectively were thought to have the condition in 2024.Slowdowns were often seen in children and adolescents before adults. For the former group, the slowdown started as early as 1990 in Denmark and rates stabilised in most high-income countries by the mid-2000s. Obesity has plateaued in boys and girls in the UK, US, Germany and Japan at prevalences of 10-12%, 20-23%, 7-12% and 3-7% respectively.Meanwhile, obesity among young people and adults in many low-income and middle-income countries continues to rise and in some cases this is accelerating.Understanding the Drivers Behind Divergent TrendsThe team say it is important now to unpick what is behind the trends in different countries. The situation is complex: while there may be shared reasons for obesity, such easy access to unhealthy foods or a decrease in physical activity, the team say country-specific factors rooted in social, economic and policy considerations could also be important, from perceptions around body image to the presence or absence of interventions such as healthy school meals.Naveed Sattar, a professor of metabolic medicine at the University of Glasgow, who was not involved in the work, said the study highlighted how obesity trends were diverging sharply across countries. "English-speaking nations are doing particularly poorly, with the UK now among the countries with the highest obesity levels worldwide," he said.Sattar said it was encouraging that some countries appeared to have reached a plateau in obesity rates. "Understanding what has worked in those settings is crucial as it could help shape more effective public health strategies for the UK," he said, although he noted there could be country-specific aspects or customs at play.Future Outlook and Potential InterventionsHe said the rapid rise in obesity across many developing countries was especially concerning, not least as it could result in increases in diabetes and cardiovascular conditions.He added: "Looking ahead, it will be important to see how wider use of effective weight-loss medicines affects obesity trends, particularly in the UK and the United States. Recent signs of stabilisation in the USA suggest there may be room for cautious optimism. Combining evidence-based medicines with strong public health measures could begin to shift obesity rates in the right direction."
#Obesity #Public Health #Imperial College London
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Culture May 13, 2026

Smithsonian Celebrates America's 250th Anniversary with 250 Objects in New Exhibition

The Smithsonian National Museum of American History is marking the 250th anniversary of US independ…
Smithsonian's Monumental Celebration of America's 250 Years To paraphrase the musical Rent, 131,487,300 minutes – how do you measure, measure 250 years? Especially in a country navigating an election year fraught with divisions and disagreements over basic facts? That is the challenge facing the Smithsonian National Museum of American History in Washington DC as it marks the semiquincentennial of US independence. The museum's answer is with 250 objects that tell the American story, ranging from a revolutionary war-era gunboat to gloves worn by a "Miracle on Ice" hockey player, from Thomas Jefferson's desk to a Donald Trump fan's "Make America great again" hat. A Museum-Wide Journey Through American History Opening on 14 May, "In Pursuit of Life, Liberty & Happiness" will display 250 objects encompassing 250,000 sq ft across all three floors of the museum. They range from old to new, from big to small and from sublime to mundane. Seventy-six of them – many rarely or never seen by the public – will be concentrated in cases lining the entry halls, while the remainder will be embedded throughout the museum's existing galleries, connected by a "ribbon" design to guide visitors on a historical treasure hunt. Each is paired with an action verb to underscore the view of democracy as a "highly participatory sport." Among the star attractions is the Philadelphia, a 53ft, flat-bottomed wooden gunboat constructed in the chaotic, sweltering summer of 1776. On a recent preview tour, visitors stepped into a climate-controlled enclosure at the museum where the air was thick with the scent of 100% acetone. Behind viewing windows that allow the public to see the work in progress, two conservators clad in headlamps and respirators were meticulously wielding soft and stiff bristle brushes, dental picks and wooden dowel rods to strip away decades of accumulated lacquer from a rusted iron cannon and its surrounding timber. By the Numbers: The Scale of the Exhibition The exhibition features 250 objects spread across 250,000 square feet of museum space. Seventy-six of these objects – many rarely or never seen by the public – will be concentrated in cases lining the entry halls. The Philadelphia gunboat itself weighs 16,000 pounds and was constructed in 1776. The wreck languished underwater for 159 years before being salvaged in 1935, fully intact with its armament and hundreds of artifacts scattered across its deck. When raised, the boat revealed about 600 to 800 items, including cannons, carriages, wheels, a stew pot, a melting pot for pitch, shoe leather, buttons from regimental coats, and even a leather button that was probably from someone's breeches. Reframing America's Complex Narrative "How do you structure a commemoration, celebration and time for reflection?" asks Anthea Hartig, the museum's director. "What we landed on were those moments where individuals or communities had fought for recognition and advocated for their own sense of identity and self in their role in creating and becoming a part of the United States. But we also wanted to do the playful." Hartig describes the US as "amazing, beautiful, complicated", and cites the African American writer James Baldwin's celebrated observation: "American history is longer, larger, more various, more beautiful, and more terrible than anything anyone has ever said about it." The exhibition captures both the monumental and the intimate aspects of American history. Alongside iconic items like Thomas Jefferson's portable desk on which he drafted the Declaration of Independence, the Star-Spangled Banner that inspired the national anthem, and George Washington's military uniform, are personal artifacts like a faux-pearl necklace worn by Abigail Adams in the mid-18th century. The Future of Historical Commemoration Hartig adds: "We believe that this anniversary is so important not only to the nation but the world, and that our past 250 years are filled with so much history that it takes an entire museum to do it justice." The exhibition also incorporates modern technology to enhance the visitor experience, including a virtual reality experience that transports visitors back to the Philadelphia's construction 250 years ago. As the museum continues to preserve and interpret America's complex past, the exhibition represents a new approach to historical commemoration – one that embraces the full spectrum of American experiences, from the revolutionary to the contemporary, and from the sublime to the mundane.
#Smithsonian #American History #Museum Exhibition
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Entertainment May 13, 2026

Lost Vaughan Williams Song Sparks Questions About Other Musical Treasures Still to be Discovered

The discovery of a previously unknown song by Ralph Vaughan Williams in London's Morley College arc…
The Discovery of a Lost Musical MasterpieceThe discovery of a new work by Ralph Vaughan Williams has set the world alight this week. In a box in the archives of London's Morley College, Elaine Andrews came across a previously unknown Vaughan Williams song titled "Before the Mirror," which sets a Swinburne poem inspired by a Whistler painting. The manuscript's workings, its crossings-out and corrections, offer a fascinating insight into Vaughan Williams's creative process, revealing music of surprising tonal adventure and expressive ambiguity written shortly after his marriage in 1897.The Vast Landscape of Lost Musical WorksBut a single song pales into comparison compared to the musical riches that may be lying dormant in libraries, archives and lofts all over the world. One of the most significant musical finds of all time was the treasure-trove of manuscripts by Florence Price found in a derelict house in Illinois in 2009, which included her two violin concertos, Fourth Symphony and dozens of other pieces. This discovery revealed not only wonderful music, but also pointed to the priorities – and prejudices – of music historians.The Systematic Erasure of Female ComposersThat discovery revealed not only wonderful music, but also pointed to the priorities – and prejudices – of music historians. The discovery of previous unknown manuscripts by the most familiar composers – a single page of Mozart, an exercise by Beethoven, a sketch by Haydn – often happen because historians know where to look for ephemera of lives whose every artefact has been combed over for centuries. But that had not been the case for Price, or for other composers who have been musicologically marginalised. Their work is supposed to be "lost" simply because no one had been looking for it.Rediscovering Forgotten Female VoicesThat's why some of the deepest holes in musical history – works that we know composers wrote and that were performed in their lifetimes, but which their biographies say are now "lost" – are by female composers. Francesca Caccini wrote more than 13 stage works in her lifetime in 17th-century Italy, but only one survives today. Caccini's dozen other operas may currently be "lost," but have researchers been looking for them as assiduously as they search for a page by Bruckner or a letter by Mahler?The Case of Joseph BologneThe same goes for at least three complete operas by Joseph Bologne, who lived an extraordinary life in 18th-century France, as composer, violinist, orchestral leader, fencer and soldier, becoming a colonel in the revolution's only all-black regiment. But Bologne's legacy suffered the prejudices of a culture that reinstated slavery and which erased his contribution to the revolution and to musical society after his death in 1799. Now that Bologne's work is at last finding its place there must be renewed focus on recovering these vital "lost" operas from the oblivion that they never deserved.Legendary Lost Works We Can Only Dream OfMind you, there is also lost music whose absence has been known of for centuries – we can only dream of what could be. Bach's St Mark Passion and scores of his cantatas, Monteverdi's Arianna and other stage works, the dozens of quartets and sonatas that Brahms threw out as unworthy, or Sibelius's Eighth Symphony, likely consigned to the flames by Sibelius himself.New Leadership in Classical MusicIn other classical music news, the Royal Scottish National Orchestra has announced that Lithuanian conductor Giedrė Šlekytė is to be their next music director, succeeding Thomas Søndergård from the 2027 season. The appointment comes after just two projects: a well-received week of Mahler's First Symphony, and a subsequent recording session. As the RSNO's chief executive Alistair Mackie said: "When she joined us last year, her musical ideas and the way she works with players spoke for themselves. Giedrė gives the orchestra room to breathe and to play."
#Vaughan Williams #classical music #lost compositions
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Politics May 13, 2026

Trump Faces a Menu of Bad Options on Iran as Diplomacy Falters

President Donald Trump is boxed in between escalating military action and a politically costly conc…
U.S. President Donald Trump is confronting a shrinking set of diplomatic and military choices as the fragile cease‑fire with Iran shows signs of unraveling.Escalating Tensions as the US‑Iran Ceasefire StallsOptimism for a new peace proposal evaporated this week, with both sides digging in and demanding the other concede first. Trump has described the April 8 cease‑fire as being on “life support,” while senior officials hint at a possible resumption of hostilities. Tehran’s demands – an end to fighting on all fronts, lifted sanctions, and recognition of its control over the Strait of Hormuz – have been dismissed by Trump as “garbage.”Polls and Market Numbers Reveal Growing Domestic PressureTwo‑thirds of Americans surveyed by Reuters/Ipsos say Trump has not provided a clear rationale for the war.Gas, oil and fertilizer prices are climbing, amplifying public discontent.Trump’s approval rating sits at 36%, down from 47% a year ago.The cease‑fire, in place since April 8, remains fragile, with recent missile and drone attacks on the UAE testing its limits.Strategic Consequences for the Middle East and US Global PostureA renewed US‑Israel bombing campaign could strain Washington’s ammunition stockpiles and divert attention from the Indo‑Pacific, where China remains a primary concern. The Center for Strategic and International Studies warns that the Iran conflict has already eroded US readiness for other confrontations. Moreover, Iran’s hardened stance and resilient military posture suggest that further escalation may not force the concessions Washington seeks.What Path Might Trump Take Next?Analysts argue Trump will have to prioritize either a nuclear‑deal concession or control of the Strait of Hormuz, likely favoring the former to protect energy markets. Any escalation risks a broader regional war and could become a decisive liability in the upcoming mid‑term elections. The most plausible scenario is a negotiated settlement that limits Iran’s nuclear program while leaving the Hormuz issue unresolved, allowing Trump to claim a diplomatic win while managing domestic political fallout.
#Donald Trump #Iran #Strait of Hormuz
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