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geopoliticsbearishWTIPublished Jun 12, 2026, 6:00 AM

Trump Calls Off Iran Strikes, Signals Imminent Peace Deal

Trump Calls Off Iran Strikes, Signals Imminent Peace Deal
On June 11, 2026, President Trump canceled planned US military strikes on Iran after claiming a breakthrough in negotiations with Iranian leadership to end the war. Oil prices extended declines while Asian stocks rallied on reduced escalation fears.

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