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Trump Holds Middle East Assets Amid Rising Oil Prices

4/9/2026

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Story summary
  • U.S. President Donald Trump aims to keep assets in the Middle East until a peace deal with Iran.
  • Oil prices rose on fears of Strait of Hormuz disruption.
  • Israel's airstrikes in Lebanon have raised doubts about the ceasefire and Pakistan talks.
  • Iran says a halt to hostilities in Lebanon is crucial for negotiations.
  • British Foreign Secretary Yvette Cooper says shipping through the Strait of Hormuz should remain toll-free.