Israel-Iran halt cools oil after 5% spike (opens in new tab)
Iran and Israel said Monday they had halted attacks on each other after President Trump urged both sides to “immediately stop ‘shooting,’” ending a 24-hour exchange that had tested a U.S.-backed truce in place since April 8. Tehran said it fired missiles toward Israel in retaliation for Israeli attacks on Hezbollah strongholds near Beirut. Israel then struck Iranian targets, including air-defense systems and a petrochemical plant it said supported ballistic missile production, while Iran’s Is...
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