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The Economic Times

Business / The Economic Times

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Iran warns against new escalation by US and allies

Iran has issued a stark warning of severe retaliation aimed at the United States and its allies, claiming to have intelligence about an impending attack. Meanwhile, Yemen's Houthi rebels have targeted Saudi Arabia, striking both the capital and critical oil infrastructure. This escalation heightens tensions across the region, influencing global energy prices, amidst a backdrop of ongoing conflict with no diplomatic solutions in sight.

20 Sep 2026 8:37 pm