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Iran Issues Warning After Us Launches Strikes And Limits Sale Of The Country’s Oil

The statement came after the U.S. launched strikes on Iran early Wednesday, hours after it revoked a license authorizing the sale of Iranian oil in retaliation for what it said were Tehran’s attacks on ships in the Strait of Hormuz. Iran hit back with strikes on Bahrain and Kuwait. The crossfire raised the risk that an interim agreement to halt fighting in the war could break down and drag the Middle East again into a wider conflict. It also threatened efforts to resume fuel shipments in the strait that are crucial to the global economy, and oil prices rose. The attacks on shipping and the resulting strikes came during the dayslong funeral for Iran’s Supreme Leader Ayatollah Ali Khamenei, who was killed Feb. 28 in the war’s first moments. The funeral, which ends Thursday, was supposed to be a period of lower tensions — though mourners have repeatedly called for the killings of U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu. Negotiations to reach a final deal had been due to start after Khamenei’s burial and focus on the toughest matters, including fully reopening the strait and rolling back Tehran’s disputed nuclear program. But the new attacks throw that into question, though neither country immediately signaled they’d walk away from the negotiating table.

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