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Asia-Pacific markets set to climb as traders weigh Trump’s Iran threats against peace hopes

CNBC · May 6, 2026, 11:45 PM · Also reported by 4 other sources

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  • His fresh threats came as reports suggested Washington and Tehran were nearing an agreement to end the war.
  • The president in a Truth Social post said the U.S. military offensive known as Operation Epic Fury "will be at an end" if Iran "agrees to give what has been agreed to, which is, perhaps, a big assumption."

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Asia-Pacific markets were set to open higher Thursday, shrugging off renewed tensions in the Middle East after President Donald Trump warned Iran would be bombed "at a much higher level" if it failed to agree to a peace deal.

His fresh threats came as reports suggested Washington and Tehran were nearing an agreement to end the war.

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