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Oil prices rose after President Trump issued a new warning to Iran, calling into question the tenuous cease-fire in the war.
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Trump's warning to Iran over the weekend signals that the impasse between Washington and Tehran over ending the war could deteriorate into resumption of armed conflict.
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Asia-Pacific markets fell as investors weighed renewed geopolitical tensions after Donald Trump warned Iran to "get moving, FAST."
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Iranian attacks have paralyzed Qatar's vital gas exports and are stalling the tourism and business pivots that were intended to anchor its future growth.
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;Resize=(620)) A drone strike caused a fire at a nuclear power plant in the United Arab Emirates, officials in Abu Dhabi said on Sunday, at a time when progress appears to have stalled in efforts to end the U.S.-Israeli war with Iran and restart shipping in the Gulf.
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President Donald Trump will begin a two-day summit with Chinese President Xi Jinping in Beijing on Thursday as the two countries engage in a fierce trade war and the U.S. conflict with Iran rages on.
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World shares have mostly retreated and oil prices fell again after climbing as the fragile ceasefire with Iran was strained by missile and drone attacks that prompted U.S. retaliatory strikes on Iranian military facilities.
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