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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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Tragedy in Gaza: Airstrike Claims Lives of 29 Civilians

An Israeli airstrike on a residential building in Gaza City's Shejaia neighborhood has resulted in the deaths of at least 29 Palestinians, including children. The attack targeted a multi-story building, leaving dozens injured and many still trapped under the rubble. The Israeli military stated that the strike aimed at a senior Hamas militant responsible for planning attacks, emphasizing efforts to minimize civilian harm. However, the devastation has sparked widespread condemnation, with local health authorities describing the incident as a "horrific massacre". This tragedy adds to the escalating toll of the ongoing conflict, which has displaced hundreds of thousands and claimed thousands of lives.

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