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How Trump and His Advisers Miscalculated Iran’s Response to War

In the lead-up to the U.S.-Israeli attack, President Trump downplayed the risks to the energy markets as a short-term concern that should not overshadow the mission to decapitate the Iranian regime.

© Benoit Tessier/Reuters

In response to Iranian threats, commercial shipping has come to a standstill in the Gulf, and oil prices have spiked.
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