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Oil prices fell after Donald Trump that Washington and Tehran are "in negotiations right now" and indicated Iran is keen to reach a peace agreement.
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WASHINGTON — Each day since the start of the war in Iran, U.S. military officials compile a video update for President Donald Trump that shows video of the biggest, most successful strikes on Iranian targets over the previous 48 hours, three current U.S. officials and a former U.S. official said
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Nearly a month into the war with Iran, the Trump administration is keeping its options open: it says it is pursuing diplomatic solutions with Iran, while ordering thousands of paratroopers to deploy in the Middle East.
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Gold climbed as declining oil prices helped temper worries over persistent inflation following reports that Washington is working on a proposal to bring an end to the Middle East conflict.
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President Donald Trump announced "major combat operations" against Iran on Feb. 28, with massive joint U.S.-Israeli strikes.
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Tehran has rejected claims of talks, with one official questioning the US's diplomatic credibility.
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Trump said he decided to back off from his recent threat to order strikes on Iranian energy infrastructure "based on the fact we're negotiating."
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Investors reacted to signals of possible de-escalation of the war in the Middle East.
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"Operation Epic Fury continues unabated" to achieve President Donald Trump's military objectives, White House press secretary Karoline Leavitt said.
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While the president has promised rapid relief, Americans could feel the financial sting of the conflict for some time after it ends.
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President Donald Trump said that peace negotiations with representatives from Iran were ongoing: "They want to make a deal so badly."
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