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The Economic Times

Economy / The Economic Times

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Lebanon ceasefire raises hopes of progress for Iran deal

Israel and Lebanon have agreed to a ceasefire brokered by the United States. This development offers hope for de-escalation in the ongoing conflict with Iran. Recent days saw intense fighting, including strikes on Kuwait and exchanges in the Gulf. Oil prices reacted to the potential for diplomatic progress. President Trump indicated negotiations with Iran might see movement soon.

4 Jun 2026 3:55 pm