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Automakers report higher Q2 car sales in US
Automakers report higher Q2 car sales in US
by  AFP

Leading automakers reported a jump in quarterly US car sales Wednesday, reflecting increased vehicle inventory levels and the support of a strong US labor market. US new vehicle inventory levels were up more than 70 percent in June compared with the year-ago period, according to Cox Automotive, which boosted its 2023 auto sales forecast last week.

US forces prevented Iran from seizing two tankers near Oman: Pentagon
US forces prevented Iran from seizing two tankers near Oman: Pentagon
by  AFP

The US military said Wednesday it had blocked two attempts by the Iranian navy to seize commercial tankers in international waters off Oman, including one case in which the Iranians fired on the tanker. In April Iran seized two tankers within a week in regional waters.

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