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But there has been conflicting information from Tehran, with one news agency reporting that no deal has been finalised or confirmed.
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Neither side seems interested in a return to all-out conflict, despite the latest exchange of strikes.
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At least five children were reportedly killed in the strike, which appears to have targeted a Hamas commander.
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Beirut had until now largely been spared even as both Israel and Hezbollah accused each other of breaking last month's ceasefire.
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A 21-year-old Austrian man is found guilty of planning the attack and other terrorism-related offences.