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Brent crude sinks by a tenth after Iran says the key waterway is open for commercial ships for the rest of the ceasefire.
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The halt to weeks of fighting is being celebrated in Lebanon, but it will be difficult to ensure it lasts.
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The UK government blocked the rapper from entering the country over his history of making pro-Nazi and racist statements.
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Pope Leo XIV is on his third day in Cameroon before he heads to Angola on Saturday.
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Kinahan, in his 40s, was arrested in Dubai on foot of an arrest warrant issued by the Irish courts.