US Military to Resume Blockade of Iran Ports Amid Rising Tensions

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The United States military announced it will reinstate a blockade on Iran's ports, with enforcement set to begin at 2000 GMT on Tuesday. The move signals an escalation in tensions between Washington and Tehran. The blockade targets Iranian port access as part of broader US pressure on Iran. No additional details were provided by the military regarding the scope or duration of the enforcement.

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India's Trade Deficit Hits 5-Month High on Surge in Imports

India's trade deficit climbed to its highest level in five months, driven by a sharp rise in imports. While exports continued to grow, led by electronics and engineering goods, the gains were outpaced by rising import costs. Crude oil and fertilizer imports recorded significant year-on-year increases in June. Gold imports, however, remained relatively stable during the period. Analysts now expect the country's current account deficit to widen over the course of the fiscal year.

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US Military to Resume Blockade of Iran Ports Amid Rising Tensions

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