Rubio Accuses China of ‘Bullying’ for Holding up Panama-Flagged Ships After Canal Clash

“China’s decision to detain or otherwise impede Panama-flagged vessels engaged in lawful trade destabilizes supply chains, raises costs, and erodes confidence in the global trading system,” Rubio said on social media. “The United States stands with Panama against any retaliatory actions against its sovereignty and will always support our partners in the face of bullying.” …

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Oil Prices Surge While Asian Share Prices Rise Moderately

TOKYO (AP) — Oil prices continued to surge on worries of a prolonged Iran war but the Asian markets that were open Friday rose moderately in cautious trading, while others were closed for the Good Friday holidays. Benchmark U.S. crude rose 11.4% to $111.54 a barrel. The price of Brent crude, the international standard, jumped …

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US Vows to Target More Iranian Infrastructure as Nations Seek to Open Hormuz

By Kanishka Singh and Enas Alashray WASHINGTON/CAIRO, , April 3 (Reuters) – President Donald Trump said the U.S. “hasn’t even started destroying ⁠what’s ⁠left in Iran”, reiterating vows to increase the ferocity of attacks ⁠on its infrastructure, as dozens of countries sought ways to restart vital energy shipments through the Strait of Hormuz. Nearly five …

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