5/4/26: Oil Spikes Amid Hormuz Chaos, US Bases Damaged By Iran, Spirit Airlines Goes Bankrupt
Amid fast-moving developments in the Middle East, the U.S. and Iran exchange escalating threats over the Strait of Hormuz, with conflicting claims about military strikes and new U.S. rules of engagement. Simultaneously, Spirit Airlines collapses due to soaring jet fuel prices driven by th
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Trita Parsi
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