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Australia Briefing

Trump Announces Imminent Ceasefire in Israel-Iran War

In this frame-grab made from video, missiles and air-defense interceptors over Doha after Iran launched an attack on US forces at Al Udeid Air Base on June 23.Photographer: Getty Images/Getty Images

Good morning everyone, it’s Ben here in soggy Canberra, this is what’s making headlines this morning.

Today’s must-reads:
• Trump announces imminent Israel-Iran ceasefire
Stock market rises on hopes of de-escalation
• Virgin Australia to relist after major Australia IPO

President Donald Trump has announced a ceasefire between Israel and Iran, raising hopes of de-escalating the conflict in the Middle East. Tehran fired a number of missiles at a US military base in Qatar overnight in response for America’s bombing of its nuclear facilities, but the attack was telegraphed in advance, allowing much of the base to be evacuated. Trump said in a post to Truth Social that the attack was “very effectively countered” and that he now hoped for “Peace and Harmony in the Region.”