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a diversified ETF of international index-linked bonds would be a better bet. the Strait of Hormuz is considered international waters. critics of this statement pointed out that the Straits narrowest point lies entirely within the territorial waters of Iran and Oman.the assault on international tech industry employees and founders The disastrous Iran War Trump launched this war with no immediate provocation or casus belli. a simple opportunistic war of aggression that incinerated whatever shreds of goodwill remained towards the United States among much of the international community.