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View all search resultsUS President Donald Trump's administration launched a new trade investigation on Wednesday into excess industrial capacity in 16 major trading partners in a move to rebuild tariff pressure after the US Supreme Court tore down the centerpiece of Trump's tariff program last month.
Iran was the only nation missing from a FIFA planning summit for World Cup participants held last week in Atlanta, deepening questions over whether the country's soccer team will compete on US soil this summer amid an escalating regional war.
The conflict has engulfed the Middle East and roiled energy markets since the February 28 US-Israeli strikes that killed supreme leader Ayatollah Ali Khamenei and triggered the war, with Tehran on Tuesday vowing no crude exports would leave the Gulf if the bombardment continued.
"Our aspiration is to bring the Iranian people to cast off the yoke of tyranny; ultimately, it depends on them. But there is no doubt that with the actions taken so far, we are breaking their bones -- and we are not done yet," Netanyahu said during a visit to the National Health Command Centre on Monday night, according to a statement published Tuesday.
The US and Israeli attack on Iran triggered the biggest spike in oil prices since the turmoil following Russia's 2022 invasion of Ukraine, as Gulf producers reduce output after the closure of the Strait of Hormuz.
The remarks from one of Iran's top leaders, who also ruled out negotiations with Washington, came as Tehran launched a new wave of attacks on US-allied Gulf nations hours after Trump's assurances of a swift end to the rapidly widening conflict.
Iran's Revolutionary Guards said on Tuesday they would not allow "one liter of oil" to be shipped from the Middle East if US and Israeli attacks continue, prompting a warning from President Donald Trump that the US would hit Iran much harder if it blocked exports from the vital energy-producing region.
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