PennsylvaniaDigitalNews.com

PennsylvaniaDigitalNews.com
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ECONOMY

Hormuz standoff: Trump misread his leverage and overplayed his hand

The brief reopening of the Strait of Hormuz on Friday indicated a big breakthrough in US-Iran tensions. Oil prices dropped sharply, markets rallied and US President Donald Trump projected confidence that his pressure strategy was working. But within hours, that...

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