Iran-US Ceasefire Talks: Global Markets Brace For Oil Supply Shock
Global markets are on edge as uncertainty around Iran–United States ceasefire talks fuels fears of a major oil supply shock. Crude prices have surged close to $100 per barrel amid stalled negotiations and ongoing disruptions in the Strait of Hormuz—a route that carries a significant share of the world’s oil supply. Recent attacks on vessels and continued naval tensions have further complicated diplomacy, with energy flows severely disrupted and markets reacting sharply
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