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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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Hostage Deal Breakthrough Amidst Mourning in Israel

In a significant development, mediators have successfully brokered a breakthrough in the Gaza hostage deal, bringing hope amidst the ongoing conflict. The agreement comes as Israel mourns the tragic loss of the Bibas family, who were among the youngest hostages seized during the October 7, 2023, attack by Hamas militants.

The deal, finalized in Cairo, involves the release of hundreds of Palestinian prisoners in exchange for the bodies of Israeli hostages. This breakthrough is expected to ease tensions and maintain the fragile ceasefire between Israel and Hamas. The agreement was reached just as a funeral procession for Shiri Bibas and her two young sons, Ariel and Kfir, took place in Rishon LeZion, Israel.

The Bibas family, who were kidnapped from their home in Kibbutz Nir Oz, have become a symbol of the trauma suffered by Israel during the conflict. Thousands of mourners gathered to pay their respects, carrying Israeli flags and orange balloons, a new symbol of mourning for the hostages.

The ceasefire deal, brokered by Egyptian and Qatari mediators, includes the release of 33 Israeli hostages and around 1,900 Palestinian prisoners in its first phase. The second phase is expected to involve the release of the remaining hostages and a complete Israeli withdrawal from Gaza.

As the world watches, the hope is that this breakthrough will pave the way for lasting peace and the swift return of all remaining hostages.





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