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Trump Says Iran Deal Is Close But Tehran Urges Caution. President Donald Trump has claimed an agreement to end the conflict with Iran could be reached within days. Trump said US negotiators had made a “great settlement” with Iran and suggested a signing ceremony could take place in Europe soon. His comments came after the United States cancelled a third consecutive night of planned military strikes. However, Iran’s foreign ministry quickly played down expectations, saying reports of an agreement were speculative and that nothing had been finalised. The conflict began after US and Israeli strikes on Iran in February triggering retaliatory attacks and major disruption to shipping through the Strait of Hormuz. Despite a ceasefire agreed in April, both sides have continued to exchange occasional strikes. Oil markets reacted positively to Trump’s comments, with Brent crude prices falling sharply on hopes that tensions could ease.
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