Two nuclear-powered carriers remain deployed in the region, as one amphibious ready group has departed the region just as another has arrived

The attack threatened to all but halt traffic through the crucial waterway again four months into the war with the Islamic Republic. President Donald Trump, in Ankara for the Nato summit, lashed out at European allies while gushing over Syria’s new president – a former jihadi – as the conflict continued to ripple through the global economy.

A fresh round of attacks by the U.S. on Sunday was the latest volley in a familiar pattern of back-and-forth strikes fueled by disputes over the Strait of Hormuz.

"There are times when having the Turks in your camp can really be helpful...those times are increasing," an ex-US official said.

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Turkish policymakers consider Israel an impediment to “every single file in the Middle East they’re involved in”, says Asli Aydintasbas of the Brookings Institution, an American think-tank. For now, the risk of confrontation is remote.

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LONDON, June 15 - A framework agreement between the U.S. and Iran on terms to end their war and reopen the Strait of Hormuz sent oil prices tumbling, as traders anticipated the return of flows. But industry officials say a full return to pre-war production and refining levels is likely to take weeks,

Seoul shares plunged 9 percent Monday as investors dumped technology stocks for profit-taking amid renewed tensions in the Middle East.