As the US-Israel war with Iran enters its fourth week, the Trump administration granted a temporary license for Iran to sell around 140 million barrels of crude oil to calm jittery markets.

President Donald Trump said the US is considering “winding down” its military efforts, although a senior Iranian source told CNN that Tehran doesn’t believe the claim.

In the Middle East, US embassies remain under threat while some Gulf states continue to intercept missiles and drones. Iran unsuccessfully targeted a joint US-UK military base in the Indian Ocean with ballistic missiles, a source told CNN.

Zachary Cohen and Elise Hammond contributed to this report.

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