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Oil edges down, stock mixed in war
June 19, 2025
|Cape Times
OIL prices slipped yesterday following the previous day’s surge but inves-tors remained on edge fearing a US intervention in the Israel-Iran conflict after Donald Trump called for Tehran's “unconditional surrender”.
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Iran and Israel exchanged missile strikes for a sixth day, with the US president's latest comments appearing to dent hopes that the crisis in the Middle East could be calmed.
Leaving the G7 summit in Canada a day early this week, Trump said he was aiming for a “real end” to the conflict, not just a ceasefire.
He later shared a series of social media posts that stoked speculation he could be planning to join Israel in its strikes on Iranian military and nuclear sites.
Days after a senior US official said Trump had told Israel to back down from plans to assassinate top leader Ayatollah Ali Khamenei, Trump looked to reverse course.
“We know exactly where the so-called ‘Supreme Leader’ is hiding. He is an easy target, but is safe there — We are not going to take him out (kill!), at least not for now,’ he wrote on his Truth Social platform.
هذه القصة من طبعة June 19, 2025 من Cape Times.
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