Geopolitics12 May 2026
Oil prices surge as Trump says US-Iran ceasefire on 'life support'
via AP News
Crude rallied after President Trump declared the US-Iran ceasefire fragile, raising fears of renewed conflict disrupting Strait of Hormuz shipments. Energy traders should watch for volatility in WTI and Brent. Equity indices may face pressure if oil-driven inflation concerns re-emerge.
Original source
AP News
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