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Officials say the fuel crisis triggered in late February due to the war between Iran and the United States of America has cost the Pacific region nearly a billion dollars in its first six months.
European G7 foreign ministers could not rule out a new escalation in the Strait of Hormuz after summit talks on Tuesday in which US Secretary of State Marco Rubio reportedly called the Iranian leadership “lunatics”. Qatari Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman debriefed ministers in Paris after he made an unscheduled stop on Tue
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