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Europe News
US to reconsider relations with NATO over Iran, Rubio warns
The United States is reassessing its role in NATO citing disappointment with European allies. EU leaders have stressed they will help in the Strait of Hormuz once hot phase of war is over, but insist NATO is a defensive alliance.
Economy
Oil and gas prices will not return to normal after Iran war, EU warns
The EU has warned that oil and gas prices will not go down any time soon, even if the Iran war ends, citing pressure on fuel supplies and tight global markets, as it prepares support measures for households and businesses.