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Egypt's President Abdel Fattah El-Sisi has urged Donald Trump to take action to end the ongoing Gulf conflict, cautioning that oil prices could surpass $200 per barrel, which would jeopardize global energy security.
In response to surging global energy prices linked to ongoing tensions in Iran, China has decided to lessen its planned increases in fuel prices to ease the financial strain on consumers. The adjustment comes as the situation has led to notable supply fears across Asia.
President Donald Trump has authorized the deployment of approximately 5,000 U.S. Marines to the Strait of Hormuz, heightening military presence in response to ongoing tensions with Iran that threaten global energy supplies.
