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Pakistan Foreign Ministry (spokesperson Tahir Andrabi)

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US‑Iran pause, mediation and market impacts

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Latest: US‑Iran tensions drive soaring profits for major oil companies

Late July 2026 saw President Donald Trump announce a two‑week pause to U.S. airstrikes on Iran after a 13‑night campaign that exhausted Patriot interceptors and left half of the U.S. missile‑defence stockpile depleted. T