Ship struck in Strait of Hormuz
The report noted that the economic situation threatens Trump's and the Republicans' chances ahead of the Congress battle, as they face pressure from inflation and expectations of interest rate hikes during the Federal Reserve meeting. It also mentioned that the cost of layoffs at Oracle reached approximately $3 billion, while tensions in the Strait of Hormuz have escalated following a new attack on a ship, along with warnings of Europe’s worst winter in years due to rising energy prices.
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