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Naked Capitalism 5/9/2026

Iran War: Iran Yet to Answer US Proposal as Recent Exchange of Fire in Gulf Exposes US Weapons Shortages; More on Poor Prospects for Global Economy, Resumption of Old Normal Gulf Traffic Levels

By Yves Smith • 1 min read
Economics

Today's Iran war news: Iran keeps Trump angrily waiting as recent skirmishes in the Gulf reveal critical US weaknesses.

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