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The Pentagon struck agreements with major defense firms to speed production of key weapons systems heavily used in early stages of U.S. and Israeli operations against Iran.
Iran has rejected a U.S.-backed cease-fire proposal and set out its own set of five conditions for ending the war, according to an Iranian regime official’s.
The global oil benchmark slipped below $100 a barrel in early trading as rising optimism over U.S. diplomatic efforts raised hopes of ending the Iran war.
