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The World in Brief from The Economist

Trump gives Iran a "48 hour deal"; Europe quietly resists windfall taxes, and more

Donald Trump gave Iran 48 hours to make a deal or open the Strait of Hormuz, after which it would face “all hell”; European policymakers are privately pushing back against new windfall taxes on big oil, labelling the measures as premature, a source close to the negotiations told the Economist.

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