Business

President Trump announced that the US blockade of Iranian ports is proving effective, urging Tehran to “just give up” amid escalating tensions. Iran’s Parliament Speaker dismissed the blockade’s impact, stating it has only increased global oil prices, while tensions in the Strait of Hormuz continue to disrupt markets.

UK and India agree trade deal after more than 3 years of talks. The UK-India trade deal will make it easier for UK firms to export whisky, cars and other products to India, and cut taxes on India’s clothing and footwear exports.

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