Economy
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Israeli Strikes on Iran’s Infrastructure Seen as Strategic Trap for US
DID Press: Recent strikes by Israel on key industrial and energy facilities in Iran mark a turning point in the region’s conflict dynamics, signaling a shift in Tel Aviv’s strategic calculations and an attempt to reshape the rules of engagement.…
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EU Allocates €250,000 Humanitarian Aid for Afghan Quake Victims
DID Press: European Union has announced €250,000 in humanitarian assistance to support displaced and affected people following the recent earthquake in Afghanistan. This aid is expected to cover about 70,000 individuals in the provinces of Khost, Nangarhar, Nuristan, Paktika, and…
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Jet Fuel Hike Forces New Zealand-Australia Flights to Cancel
DID Press: Jetstar New Zealand has canceled several domestic and international flights to Australia due to a sharp surge in jet fuel prices, driven by ongoing conflicts in the Middle East. The airline stated that about 12% of its May…
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Japan Releases Strategic Oil Reserves to Stabilize Energy Market
DID Press: Japan government announced it will release part of its strategic oil reserves to ease rising concerns over global energy supply disruptions and surging oil prices amid escalating US and Israeli actions against Iran. According to the Ministry of…
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Saudi Alternatives to Hormuz Strait Face Capacity Limits
DID Press: According to Al-Araby Al-Jadeed, Saudi Arabia has increased oil exports via the Red Sea and activated the East-West pipeline, making Yanbu the main route to bypass the Hormuz Strait. However, Yanbu’s capacity remains a major limitation. The route…
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Top Economist Warns Iran Pressure May Push US Economy Back Decades
DID Press: Simon Johnson has warned that recent developments in the Strait of Hormuz are creating a form of “reverse sanctions” against the United States, putting significant pressure on its economy and citizens. In his analysis, Johnson stressed that if…
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