• UAE quits oil cartel: The United Arab Emirates will withdraw from the Organization of the Petroleum Exporting Countries (OPEC) this week, as the Iran war roils global energy markets. The UAE took the decision now because the closure of the Strait of Hormuz will limit the impact on the oil market, the country’s energy minister told CNN.
• Peace talks: Mediators in Pakistan expect to receive a revised proposal from Iran in the next few days, after President Donald Trump indicated that he would not accept an earlier version, sources close to the process say.
• In Lebanon: Despite a declared ceasefire, Israeli strikes killed at least eight people throughout southern Lebanon on Tuesday, according to state media and national authorities.
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