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Iran responded to an American and Israeli assault by attacking Dubai, Abu Dhabi, Qatar and Bahrain, threatening those states' reputations for security and openness.
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Iranian missile and drone attacks have caused anxiety across Israel, but many believe it is a price worth paying for killing Ayatollah Ali Khamenei.
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The cartel pledged to increase output by 206,000 barrels a day from next month, and said that members would "closely monitor and assess market conditions."
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