NATO chief downplays US military cutbacks

NATO Secretary General Mark Rutte said on Wednesday that a cut in the number of troops and equipment the US would provide to traditional allies in the event of an attack would not have an immediate impact. “It’s not about where troops and assets are currently located,” Rutte told reporters in Brussels, according to the…

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Strait of Hormuz reopening may take weeks

Vessels at the Strait of Hormuz, as seen from Musandam, Oman, June 15, 2026. Stringer | Reuters It will take weeks to clear the backlog of ships in the Strait of Hormuz, industry executives and shipping experts have warned, as the critical waterway is set to reopen. Oil prices initially dipped below $80 per barrel…

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