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Regional Tensions Erupt as Iran Strikes Back After Massive Assault

                    The Thailand-flagged cargo ship Mayuree Naree engulfed in black smoke in the Strait of Hormuz Iran launched a series of retaliatory strikes on military bases and naval vessels across the region following what officials in Tehran described as the most intense wave of attacks on its territory in years. The escalation marks one of the most dangerous moments in the ongoing confrontation, raising fears of a broader conflict that could destabilize the Middle East. According to regional sources, Iran targeted multiple sites linked to foreign forces, including positions believed to support recent operations against Iranian infrastructure. While the full extent of the damage remains unclear, early reports suggest both sides sustained losses, and several governments have begun urgent diplomatic consultations. Iranian officials framed the response as a necessary act of self‑defense, insisting that continued pressure...

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U.S. stocks retreat from record highs ahead of jobs data


U.S. stocks ended lower on Monday, pulling back from record highs reached last week. The S&P 500 fell 0.5%, the Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite dropped 0.8%.

Investors were cautious ahead of some key reports this week on the U.S. economy, especially the jobs market The reports could provide more clues on the Federal Reserve’s stance on interest rates and inflation.

Technology and communication services stocks were among the biggest losers on Monday. Microsoft, Nvidia, Meta Platforms, and Netflix all declined more than 1.5%. Alaska Air Group plunged 14.2% after announcing a deal to buy Hawaiian Airlines.

Markets in Europe and Asia closed mixed on Monday. U.S. crude oil prices fell 1.4%, easing some inflationary pressure.

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