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President Donald Trump claims Iran is collapsing financially and losing $500 million a day as he extends the ceasefire and maintains a U.S. blockade of the country.
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A decades-old law allows the president to wage war without congressional approval for 60 days, then limits his options for continuing. President Trump may seek to get around it.
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S&P 500 rises, Nasdaq hits new high after U.S. extends Iran ceasefire: Live updates CNBCCeasefire extension, Best Buy's new CEO, Amazon's GLP-1 push and more in Morning Squawk CNBCPresident Trump Indefinitely Extends the Iran Ceasefire. How Will This Impact the Oil Markets? Yahoo FinanceStock Market Today: Nasdaq sets a new intraday record, Dow and S&P 500 trade higher after Trump said he
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Stock market today: Dow, S&P 500, Nasdaq rise after Trump extends US-Iran ceasefire Yahoo FinanceOil Prices Rise as Investors Weigh Cease-Fire Extension The New York TimesWall Street opens higher on ceasefire extension relief ReutersWall Street gains after Iran ceasefire extension, robust earnings The Detroit News
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The optimism comes after Sen. Thom Tillis offered President Trump a so-called "off ramp" that would end a DOJ probe.
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President Trump again backs down ahead of a critical ceasefire deadline with Iran.
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Live updates: Ships attacked in Strait of Hormuz as Trump extends ceasefire CNNIran fires on 2 ships in Strait of Hormuz after Trump extends ceasefire Fox NewsIran War Live Updates: Trump Extends Iran Cease-Fire With Peace Talks in Limbo WSJIran war live: IRGC seizes two vessels in Strait of Hormuz amid US blockade Al Jazeera
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