🇮🇳 INDIA — Asia's fastest economy is now paying the bill for a war it didn't start. 📌 LOOK CLOSER: India imports 80% of its oil via Hormuz. At $94 Brent, each extra dollar costs Delhi ~$1.5bn annually in import bills. Growth was 7.2% pre-February; economists now cut forecasts. Unlike Europe, India has no LNG switching capacity. New Delhi's neutrality carries a rising price with every week Hormuz stays choked.
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🇮🇹 ROME — Meloni is spending more while demanding NATO lower the bar for everyone else. 📌 LOOK CLOSER: Rome lifting outlays while urging a metric rethink lets Italy claim compliance without full 2% commitment — or signals Meloni wants quality-of-spending counted, not raw GDP share. Either way, it repositions Italy as
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🕊️ TEHRAN — Khamenei "approved" by Trump's account. Tehran's own account differs. 📌 LOOK CLOSER: IRNA denying a final decision directly contradicts Trump's claim of Khamenei approval — published hours apart. This is either face-saving domestic cover or a genuine split between what Qatar'
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🕊️ TEHRAN — Khamenei's approval claimed by Trump, not confirmed by Tehran. 📌 LOOK CLOSER: Trump asserting Khamenei personally approved the deal is the most significant claim yet — but it's unverified and Tehran's silence is operative. If true, it neutralizes the IRGC's hardline posture and
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⚓ HORMUZ — Iran's drones over the strait: provocation or probing US air defense? 📌 LOOK CLOSER: With Trump declaring war's end and deal "near-final," Iranian drone activity over Hormuz tests whether the US stand-down is real. CENTCOM intercepts maintain operational tempo — but each engagement