Middle East conflict leaves developing countries paying the price
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With another weekend of strikes involving the United States and Iran, renewed diplomatic efforts on Monday have eased immediate fears of escalation, but the economic shockwaves are already taking a heavy toll on some of the world's poorest countries.
U.S. Central Command forces conducted additional strikes against multiple Iranian military targets on June 27 in response to Iranโs drone attack on the Panama-flagged tanker M/T Kiku.
Iranian drone activity targeted Bahrain territory early on June 27 in response to U.S. strikes on Iran. The Bahrain Foreign Ministry said that the activity constituted โa flagrant violation of its sovereignty, a blatant threat to the safety of citizens and residents, and a blatant breach of international laws.โ