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Markets Rebound as Hopes for Iran–U.S. Dialogue Ease Geopolitical Tensions

U.S. stock futures edged higher on Wednesday as signs of potential diplomatic movement in the Iran–U.S. standoff helped calm volatile markets. Futures tied to the S&P 500 rose about 0.3%, the Nasdaq 100 gained 0.5%, and Dow Jones Industrial Average futures added 0.2% after a turbulent prior session.  The shift in sentiment followed reports that Iran has quietly approached the United States to discuss terms for ending the escalating conflict , a development that helped cool fears of further disruption in global energy markets. This diplomatic signal contributed to a rebound after Tuesday’s sharp sell-off, when concerns over widening conflict and rising oil prices rattled investors.  The conflict, now in its fifth day, has seen continued strikes and mounting casualties, adding to market unease. Iran is preparing for the funeral of Supreme Leader Ali Khamenei, killed in recent attacks, while regional tensions remain high.  Despite the ongoing uncertainty, Wednesda...
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Kremenchuk Under Fire: Ukraine Accuses Putin of Sabotaging Peace Efforts

                                            Firefighters work at the site of a Russian drone strike in Odesa.

An overnight Russian drone and missile barrage struck the central Ukrainian city of Kremenchuk, leaving parts of the Poltava region without power and prompting fresh accusations from Kyiv that President Vladimir Putin has no interest in ending the war.

The assault — the largest in August so far — came as Ukrainian President Volodymyr Zelenskyy met with U.S. President Donald Trump and European leaders in Washington to discuss a potential peace framework. According to Kremenchuk Mayor Vitalii Maletskyi, “scores of blasts” targeted energy and transport infrastructure at the very moment Putin was assuring Trump by phone that he sought peace.

Ukraine’s air force reported that Russia launched 270 drones and 10 missiles overnight, with 230 drones and six missiles intercepted. Strikes were recorded at 16 locations, damaging administrative buildings and cutting power to nearly 1,500 homes and over 100 businesses in the Lubny district.

While no casualties were reported, officials said the attack underscored Moscow’s continued targeting of critical infrastructure. Russia, in turn, claimed Ukrainian drones sparked fires at an oil refinery and a hospital roof in the Volgograd region.

The timing of the strike, coinciding with high-level peace talks, has reinforced Ukrainian claims that the Kremlin’s actions contradict its diplomatic rhetoric.

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