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President Donald Trump told NBC News on Thursday that he was "very optimistic" a peace deal with Iran was within reach.
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Traffic through the Strait of Hormuz was at a virtual standstill Thursday, with only a handful of ships passing through the vital waterway since the announcement of the U.S.-Iran ceasefire
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Oil prices were volatile Thursday as the U.S.-Iran ceasefire agreement remained fragile.
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Britain, France and the European Union condemned Israel's strikes targeting Hezbollah in the country, saying these threatened the truce.
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Iran's deputy foreign minister says the US must choose between 'war and ceasefire'.
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;Resize=(620)) Israel bombed more targets in Lebanon on Thursday, putting the Middle East ceasefire in further jeopardy after its most intensive strikes of the war on its neighbour killed more than 200 people, according to Lebanon's Health Ministry. The escalating violence has threatened to torpedo U.S. President Donald Trump's truce with Iran from the outset.
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The foreign secretary also calls for Lebanon to be "urgently included" in the ceasefire agreement.
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Crude prices have reversed from sharp falls on Wednesday when plans to pause the war first emerged.
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Israel's intense bombardment left Beirut to confront new devastation Thursday as the U.S. ally's assault on Lebanon imperiled the fragile ceasefire with Iran.
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Only a few vessels have crossed the strait since the US-Iran ceasefire deal, according to BBC Verify analysis.
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In an annual foreign policy speech, Cooper is expected to say that shipping must be toll-free through the strategically vital Strait of Hormuz.
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The Iran-U.S. ceasefire has lifted markets, but some cracks are already showing in the 'fragile truce.'
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Fractures were already emerging in the limited cease-fire. Vice President JD Vance will lead a U.S. delegation in talks this weekend.
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Investors placed an approximately $950 million bet on oil prices falling just hours before the U.S. and Iran announced a ceasefire, the latest large wager on the direction of the world's most traded commodity.
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