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Most major stock markets in the Gulf rose in early trade, buoyed by hopes for a potential ceasefire deal between Israel and Hezbollah, Rueters reports.
Lebanon’s prime minister expressed hope yesterday that a ceasefire deal with Israel would be announced within days as Israel’s public broadcaster published what it said was a draft agreement providing for an initial 60-day truce.
The push for a ceasefire for Lebanon is taking place alongside a similar diplomatic drive to end hostilities in Gaza.
