Tel Aviv Gains; Defense Stock Index Falls 2.5%

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The Tel Aviv 35 index rises by 0.2% ● Iran has submitted a new proposal to the US to reopen the Strait of Hormuz and end the war. Oil prices rose by 1% this morning, Wall Street contracts rose slightly ● A critical test for the markets: Five of the "seven majors" will report this week ● Ashdod Refinery CEO Ronen Yehezkel announced to the board of directors last night that he intends to end his role ● Among the best recommending an overweight for…