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Oil price passes $100 a barrel for first time since 2022, as Khamenei's son named new Iranian leader
The UK chancellor, Rachel Reeves, will join an emergency meeting of G7 finance ministers later to discuss oil prices.
Khamenei is named as successor to his father, Ayatollah Ali Khamenei, who was killed in the first wave of US and Israeli strikes.
Typical of an unconventional presidency, the Trump administration waited more than 48 hours to communicate to the American ...
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