Spain reached a deal with NATO to be excluded from a 5% of GDP defense spending target, days before the military alliance's leaders will gather at a summit, Prime Minister Pedro Sánchez said on Sunday.

By Andrew Gray, Sabine Siebold, Lili Bayer and Ana Cantero BRUSSELS/MADRID (Reuters) -NATO members agreed on Sunday to a big increase in their defence spending target to 5% of gross domestic product,

The NATO leaders were meeting against the backdrop of heightened tensions in the Middle East. Trump yesterday declared a ceasefire between Iran and Israel, after a week that saw the US target Iranian nuclear sites and Iran retaliate with a telegraphed move on a US air base in Qatar.