US costs of Iran war rise to over $47 billion, latest Pentagon estimates show

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The news, anew

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Iran plans to take legal action against South Korean shipping company Sinokor over its vessels in the Strait of Hormuz, while South Korean shipowners deny any connection to the issue.
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Countries' foreign ministers emphasise close and historical ties
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President Donald Trump is leaning towards a short but intense wave of strikes, potentially targeting Iranian nuclear facilities