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Amidst continued tensions in the Middle East, the US has provided $300 million in financial aid to Iran. Meanwhile, Iran has strongly condemned Israel's recent attack on Lebanon, a development that has sparked fresh debate in the global political arena. Here's more on US-Iran relations, the Israel-Lebanon conflict and its regional implications.
Markets in Asia also reacted to the drop in oil prices. Japan’s Nikkei 225 rose about 2.8%, while South Korea’s Kospi gained more than 5% in early trading.
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