US Iran conflict
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The conflict has widened across the Gulf, affecting energy routes, regional security and diplomatic efforts. Washington and Tehran are facing pressure to find a way out as military actions continue.
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The fragile US-Iran understanding is facing another test after a series of attacks in the region. India is tracking the situation as any prolonged conflict could affect energy supplies, shipping routes and the safety of its citizens in the Gulf.
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In a post shared on his official Telegram channel after meeting Ahmad Muzani, Speaker of Indonesia's People's Consultative Assembly, Ghalibaf said Iran had made its position clear during recent negotiations with the United States.
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Speaking in an interview with the New York Post, Trump said he had been on Iran's alleged "kill list" for a long time and dismissed reports claiming Israeli intelligence had recently warned him about a fresh assassination plot.
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Iran has warned of a "firm and decisive" military response if the US continues what it calls repeated violations, while accusing Washington of undermining diplomatic efforts despite Tehran's commitment to dialogue.
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The CENTCOM has denied carrying out any strikes in Iran in the past few hours.
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Iran's Chabahar port struck as US steps up attacks after Trump's 'will get much worse' warning
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Donald Trump acknowledged repeated threats against him while dismissing speculation that security concerns had influenced his travel plans.
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The renewed hostilities have also cast a shadow over the funeral of Iran's former Supreme Leader, Ayatollah Ali Khamenei, as the country braces for heightened security and the possibility of further escalation.
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The US President's remarks came amid renewed tensions in the region following a series of attacks on vessels passing through the Strait of Hormuz, a key global oil shipping route.
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In a post on X, Velayati said the region was not a place for the "political gambling of small countries" and warned that Iran would respond swiftly to any further action against it.
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Speaking to reporters on the sidelines of the NATO Summit in Ankara, Turkey, Trump said Washington had already carried out heavy strikes overnight and suggested more military action was imminent.
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The escalation came hours after US President Donald Trump declared that he no longer wished to pursue diplomacy with Iran, effectively abandoning the interim peace arrangement reached earlier this year.
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In a statement carried by the semi-official Tasnim news agency, Iran's Khatam al-Anbiya Central Headquarters, the country's unified military command, said any assistance to the United States in attacks on Iranian territory would invite a military response.
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US President Donald Trump declared the Iran ceasefire memorandum "over," accusing Tehran of violating the agreement through attacks on commercial vessels in the Strait of Hormuz.
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Iranian Parliament Speaker Mohammad Bagher Ghalibaf accused the United States of repeatedly violating the bilateral MoU, citing military strikes, renewed oil sanctions, and continued regional aggression, while declaring that "the era of bullying and extortion is over."
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Hardline voices continue to question US reliability and point to earlier breakdowns in agreements. Others inside the system say economic and security problems make some level of talks necessary, even if they are tightly controlled.
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The blockade, which Washington launched on 13th April as part of President Donald Trump's effort to pressure Iran into accepting terms for a peace deal, has dramatically curtailed the Islamic Republic's most vital source of income.
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Fathali was equally firm in placing the blame for the current crisis squarely on Washington and Tel Aviv. "The main cause of today's problems is the tense and warmongering actions of the United States and the Zionist regime. By imposing this war, they have put not only regional security but also global energy security at risk," he said.
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In a lengthy post on Truth Social, Trump said any agreement with Iran must include a permanent commitment never to develop nuclear weapons, the immediate reopening of the Strait of Hormuz for unrestricted shipping in both directions without tolls, and the removal of all water mines from the strategic waterway.
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The latest vessel to make the crossing is the Nissos Keros, a Marshall Islands-flagged crude oil tanker carrying approximately 270,000 metric tonnes of crude oil, which safely transited the strait on the night of 25-26 May and is expected to arrive at Visakhapatnam on 3 June.
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In uncertain times, a good central bank should be cautious about false precision, forceful against high-cost tail risks, systematic enough to preserve credibility, flexible enough to adapt, and transparent enough that uncertainty about the economy does not become uncertainty about the central bank itself.
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