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Blinken: We are determined to prevent escalation

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  • Need to set conditions for durable, sustainable peace for Palestinians and Israelis
  • Will be talking about concrete steps to minimize harm to men, women and children in Gaza
  • Democracies have responsibility to protect civilians
  • Exports more aid trucks in coming days

It’s tough to see a coherent strategy from the US here. They seem to be drawing a line between themselves and Israel or signalling to Iran that they don’t want escalation. In any case, I think the market has given up the oil risk premium, which is a sign it won’t spread; though there are certainly some who would dispute that.

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