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Trump says US military to stay deployed near Iran until 'real agreement' reached

Trump says US military to stay deployed near Iran until 'real agreement' reached

US President Donald Trump said late Wednesday that US forces deployed near Iran would remain stationed in the area until a "real agreement" is reached, as Washington enters a fragile two-week ceasefire with Tehran. The truce reached Tuesday showed signs of unravelling, with Israel bombarding Lebanon and

‘Warflation’ Will Hit More Than Just Gas Prices

‘Warflation’ Will Hit More Than Just Gas Prices

The war in Iran may be on pause, but its effects on prices are still in motion and will continue to ripple through the economy after more than a month of disruption to the global oil supply. Gas prices, for starters, are up more than 40% since February, and aren’

Ceasefire impact holds across markets despite varying reports on the Strait of Hormuz

(The Center Square) – Stock markets soared and oil prices plummeted after the start of a two-week ceasefire with Iran, despite conflicting reports regarding the Strait of Hormuz. After a strong opening with the S&P 500 climbing 2.1%, the Dow Jones Industrial Average up 2.3% and

'Total victory' or TACO? Trump faces questions on Iran deal

'Total victory' or TACO? Trump faces questions on Iran deal

Donald Trump claimed "total" victory after a ceasefire with Iran. But critics say the deal is a fresh example of their maxim that the tough-talking US president always "chickens out." In the space of 12 nerve-wracking hours, Trump went from warning that a "

Tehran residents relieved but divided by Trump truce

Tehran residents relieved but divided by Trump truce

While some Iranians in the capital Tehran fear the ceasefire with the United States will lead to nothing, others declared victory and most breathed a sigh of relief after weeks of war. "Everyone is at ease now, we are more relaxed," Sakineh Mohammadi, a 50-year-old housewife,

Oil prices plunge, stocks surge on US-Iran ceasefire

Oil prices plunge, stocks surge on US-Iran ceasefire

Oil and gas prices plunged, stock markets soared and the dollar retreated Wednesday after the United States and Iran agreed to a temporary ceasefire that could lead to the Strait of Hormuz reopening. "A wave of relief has hit financial markets after threats of a devastating escalation of the

Vance says up to Iran if it wants truce to 'fall apart' over Lebanon

Vance says up to Iran if it wants truce to 'fall apart' over Lebanon

US Vice President JD Vance on Wednesday urged Iran not to let the fragile ceasefire deal fall apart over Israel's attacks on Lebanon, days before he is due to lead talks with Tehran in Pakistan. As Iran's president said a truce in Lebanon was a key