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Trump: Iran and Israel Seek Ceasefire
President Trump stated that Iran and Israel are seeking an immediate ceasefire following recent exchanges of missile strikes, marking the biggest escalation since the Iran War ceasefire in April. Iran launched missile attacks on Israel in response to strikes on Lebanon, prompting Israel to strike Iranian targets in Iran. Trump indicated peace talks with Iran are progressing and urged both sides to avoid further retaliation, asserting that the latest escalation would not affect ongoing negotiations or a planned peace deal. The global oil market responded with a significant increase in Brent Crude prices.
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