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The US military wrapped up a fresh wave of strikes on Iranian targets on Tuesday, focusing on Islamic Revolutionary Guard Corps command centres, missile facilities, and coastal defences. Brent crude hovered near US$89 a barrel after jumping almost 8 per cent the previous session, while West Texas Intermediate traded around US$83. The escalation marks a dangerous new phase in the Middle East conflict, with Houthi rebels threatening a Saudi blockade and Riyadh joining US...
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