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The directive came amid a surge of suspiciously well-timed trades on oil and prediction markets just ahead of crucial moments in the conflict.
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(Top headline, 3rd story, link)
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As Iran destroyed energy facilities and infrastructure in all six of its Persian Gulf neighbors and blocks their shipments of oil through the Strait of Hormuz, the Gulf states — Saudi Arabia, Kuwait, Bahrain, Qatar, Oman and the United Arab Emirates — are reevaluating their strategic alliances with the United States. We speak to Yasmine Farouk, the Gulf and Arabian Peninsula project director at the International Crisis Group, about where else the Arab Gulf is looking toward in Asia and Europe to diversify its defense relationships, and what exactly the war has put at risk in the region. "Let's remember the ceasefire came at a moment when energy infrastructures, desalination, power plants, nuclear plants could have been in the crossfire. So what is at stake here is an uncontrolled escalation that everyone, everyone wants to stop."
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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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