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Trump Signals Iran War Deal ‘Soon’ as Strait of Hormuz Stays Open, Easing Market Fears

                                   U.S. President Donald Trump said a deal to end the Iran war could come “soon,”   President Donald Trump said a deal to end the Iran war could come “soon,” a comment that helped calm global markets as the vital Strait of Hormuz remains open to commercial shipping. The waterway, which handles roughly one‑fifth of the world’s oil supply, has been a central concern for investors since the conflict began. With tankers continuing to move through the strait, oil prices have stabilized after weeks of volatility. Analysts note that even the perception of reduced risk in the region can ease pressure on global inflation, particularly in energy‑dependent economies like Canada. For Canadian households, a more stable oil market could help limit further increases in gasoline, transportation, and food costs. Equity markets reacted cautiously but positively,...
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Tensions Escalate as Iran Warns Israel Against Retaliation

 

On October 17, Iran issued a stern warning to Israel against any retaliatory actions following a recent missile barrage. This warning comes as Israel intensifies its military operations in Lebanon, targeting the Tehran-backed Hezbollah.

The commander of Iran’s Revolutionary Guards emphasized that any Israeli attack would be met with a stronger response, highlighting the fragile and volatile nature of the current situation. This development follows a series of escalations, including a significant missile attack by Iran on October 1, which has further strained relations between the two nations.

As both sides prepare for potential further conflict, the international community watches closely, concerned about the broader implications for regional stability.


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