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05.05.26 - 03:24
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Iran War Threatens China′s 4.5 Percent Growth Target: Analysts (ZeroHedge)
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Iran War Threatens China's 4.5 Percent Growth Target: Analysts
Authored by Jarvis Lim via The Epoch Times (emphasis ours),
China's already-strained economy faces mounting pressure as the Iran war threatens to choke export growth and suppress domestic demand, putting its 4.5 percent growth target at risk, experts say.
A woman takes a photo of the Lujiazui financial district across the Huangpu River on the Bund promenade in Shanghai, China, on March 5, 2026. Jade Gao/AFP via Getty Images
As the U.S.–Israeli war against the Iranian regime stretches past the two-month mark, President Donald Trump said in an April 29 interview with Axios that he will continue to maintain a blockade of Iran until Tehran agrees to a deal addressing concerns over its nuclear program.
Brent crude, the global oil benchmark, briefly spiked to over $120 a barrel after Trump's remarks, hitting a four-year high before dropping back to $114. It now sits at around $108 as of Sunday afternoon.
Rising oil costs have also d...
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04.05.26 - 23:45
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As Pump Prices Hit Iran War Highs, Duffy Claims They′ll Fall Immediately After Hormuz Reopens (ZeroHedge)
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As Pump Prices Hit Iran War Highs, Duffy Claims They'll Fall Immediately After Hormuz Reopens
As pump prices for gasoline (and diesel) hit Iran War highs, U.S. Transportation Secretary Sean Duffy said on Sunday that gasoline prices should begin to decline “immediately” once shipping resumes through the Strait of Hormuz, pushing back against analyst warnings that relief for consumers could take months.
Duffy, speaking on ABC's “This Week” program on May 3, acknowledged that prices may take time to return to pre-war levels but said reopening the critical oil transit chokepoint would quickly ease pressure at the pump.
“Once the Strait opens, you'll see prices come down, come down immediately,” Duffy said.
“There's going to be a tail to that ... but you're going to see, I think, immediate relief.”
As Tom Ozimek reports for The Epoch Times, prior to Duffy's remarks, several analysts featured on the program said they expect fuel prices to climb further and predicted that a sust...
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04.05.26 - 23:45
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New Member Of Trump′s Iran Negotiating Team Comes From FDD Think Tank (ZeroHedge)
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New Member Of Trump's Iran Negotiating Team Comes From FDD Think Tank
Authored by Dave DeCamp via AntiWar.com,
Amid stalled peace talks and a US blockade on Iranian ports, the Trump administration has added a new member to its negotiating team who comes from the Foundation for the Defense of Democracies, a notoriously hawkish think tank that has been lobbying for aggressive action against the Islamic Republic for many years.
Nick Stewart, the head of the FDD's lobbying arm, has joined the office of US envoy Steve Witkoff, journalist Alex Marquardt first reported on his Substack on Friday.
The White House confirmed the appointment to Marquardt, calling Stewart a "sharp, seasoned policy expert who is a valuable asset to Special Envoy Steve Witkoff's talented team."
Stewart worked in the State Department during the first Trump administration under then-US Special Representative for Iran Brian Hook, who oversaw the increasing economic sanctions regime following the US withdrawal from...
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04.05.26 - 23:06
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Merz fordert Iran zu Verhandlungen nach Angriffen auf (DPA-AFX)
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BERLIN (dpa-AFX) - Nach iranischen Raketen- und Drohnenangriffen auf die Vereinigten Arabischen Emirate fordert Kanzler Friedrich Merz die Staatsführung in Teheran auf, an den Verhandlungstisch zurückzukehren. Die Islamische Republik müsse aufhören, "die ......
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04.05.26 - 21:31
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Irans Streitkräfte verteidigen Angriff auf Emirate (DPA-AFX)
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TEHERAN (dpa-AFX) - Irans Streitkräfte haben ihren Angriff auf Ölanlagen in den Vereinigten Arabischen Emiraten verteidigt. Die Attacke sei zunächst nicht geplant gewesen, sagte ein namentlich nicht genannter Militärvertreter dem staatlichen iranischen ......
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