World News: 02:21 GMT Friday 12th July 2019. [Stock Market via SPi World News]
The Pentagon said Thursday it was discussing military escorts for vessels in the Gulf one day after armed Iranian boats threatened a British oil tanker. 'I think that that will be developing over the next couple weeks,' Milley told the Senate Armed Services Committee. Tensions in the Gulf have increased in the past few weeks, with Iran's economy in free fall following the re-imposition of US sanctions after President Donald Trump pulled out from a 2015 international agreement to curb Iran's nuclear program.
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