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flag Trump claims U.S.-Israel strike on Iran nearly over, spurring oil drop and market rally.

flag Former U.S. President Donald Trump said the U.S.-Israel military campaign against Iran was "pretty much" complete, claiming Iran's military capabilities were severely degraded, sparking a sharp drop in oil prices and a global stock market rally. flag Oil fell around 8% to $86–$89 per barrel after surging above $119 amid fears of prolonged conflict. flag Markets reacted to Trump’s optimistic assessment, though Iran’s Revolutionary Guards insisted they would decide when the war ends. flag The Strait of Hormuz remains largely blocked, prompting France to lead a defensive mission and the G7 to discuss releasing oil reserves. flag Despite the relief, analysts warn volatility and geopolitical risks remain high.

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