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"This wasn't easy."That's the verdict of President Donald Trump, as he finally signed a deal to end the Iran war and reopen the Strait of Hormuz
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Economists talk about ongoing inflation and what consumers can do to cope.
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Trump signed a preliminary agreement with Iran yesterday to end the war and open the Strait of Hormuz. And, the president's approval rating has hit a record low, according to a new NPR poll.
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Thousands of Brits were left stranded in the Middle East when the US-Iran war broke out in early 2026.
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Gas prices fell below $4 per gallon for the first time since March after more than three months of elevated prices as a result of the war in Iran.
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The Strait of Hormuz is set to reopen after Iran and the U.S. sign a peace deal, but experts warn backlogs and security checks could delay normal shipping.
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The average price of jet fuel has fallen to its lowest level since the beginning of the war with Iran. But aviation experts say the cost of airfare is likely to stay high, at least for now.
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