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Trump's comments aired as the two countries exchanged fire for the fourth day in a row and the US resumed blockading Iranian ports.
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The abrupt about-face from the US president was the latest twist in a conflict that has now lasted more than four months.
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Control of the waterway has become a key point of contention between the US and Iran, as a ceasefire deal falters.
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Weak demand domestically and the impact of the Iran war on oil prices overshadowed the country's strong exports.
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The court acknowledged the need for a broader national debate on cannabis policy in Kenya.