Business StandardCenter·
Israel, Iran pause strikes after fresh exchange of fire since April truce
Israel and Iran appeared to back away from further strikes Monday, hours after they traded fire for the first time since the US agreed to a ceasefire with Tehran two months ago. Both countries warned that they were ready to launch retaliatory attacks if provoked. The renewed hostilities raised concerns that the Middle East could be plunged back into a full-scale war. Since the US and Israel began striking Iran on February 28, the war has shaken the global economy, driven energy prices up around…
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