The U.S. may form a naval task force to escort commercial ships through the Red Sea, days after Houthi rebels struck three vessels with missiles.
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The Biden administration has cleared the way for the release of five American citizens detained in Iran by issuing a blanket waiver for international banks to transfer $6 billion in frozen Iranian money from South Korea to Qatar without fear of U.S. sanctions. In addition, as part of the deal, the administration has agreed to release five Iranian citizens held in the United States.
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