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An association of airports told European Union officials that fuel shipments through the Strait of Hormuz had to restart within three weeks to avoid a "systemic" shortage.
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Will Iran join China, Russia and the United States as a fourth major power on the world stage? Iran's resilience in the face of the U.S.-Israeli war is already shifting the global balance of power, says American political scientist Robert Pape. "What you are seeing with Iran is that its geography, in combination with a level of drone technology that we simply cannot destroy," is demonstrating to other countries that they may not have to stay beholden to U.S. hegemony. "What makes us think we're really going to stop Iran from becoming a nuclear power in the next six months or a year?" asks Pape. "Iran is far stronger than it was just 40 days ago. It is in control of 20% of the world's oil. It is now an emerging fourth center of power. … The United States is on one side, and the rivals are China, Russia and now Iran."
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The U.S.-Israeli war on Iran has now entered its fourth week. The de facto closure of the Strait of Hormuz by Iranian forces is being felt worldwide, as shipments of oil, natural gas and fertilizer have been drastically curtailed. A fifth of the world's oil supply transits through the strait, and the price of oil is up by about 50% since the war began in late February.
On Saturday evening, President Trump threatened Iran on social media, saying he would "obliterate their various power plants, starting with the biggest one first," if the Strait of Hormuz was not fully reopened within 48 hours. He later extended his deadline by five days following Iranian threats to destroy essential infrastructure, including energy and water systems, across the Gulf. Iran has denied reports of direct or indirect talks with the U.S.
If Iran can keep the Strait of Hormuz closed and "hold Washington to ransom," it will have significant leverage, says Alfred McCoy, professor of history at the University of Wisconsin-Madison. "In a strategic analysis, Iran right now is in the dominant position."
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Climate activists are planning more direct, potentially violent actions, warning that if governments don't act soon global disasters will become more common.
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