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Oil near three-week high as US-Iran peace hopes fade

Oil ‌prices traded slightly higher for a third session on Tuesday ⁠as prospects receded for a deal to end the Middle East war, with Iran saying ⁠it would adopt a more offensive stance and the US ruling out extending a ceasefire deal, heightening worries about prolonged energy supply disruptions.

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Bond yields in US, UK, Germany France and Japan rise after ceasefire ends and Trump threatens to bomb Oman Business live – latest updates Government borrowing costs continued to rise to levels not seen in decades on Tuesday, as hopes of an end to the US-Iran war faded. Concerns about the inflation outlook worsened after the ceasefire between Washington DC and Tehran ended on Monday night without an agreement , with…

Event intelligence

Iran-US Strait of Hormuz reopening proposal

5 connected story threads

Iran's seven-day proposal to reopen the Strait of Hormuz remains rejected by President Trump, who said he expected talks to resume; Iran now says its UN delegation has no talks planned with the United States, leaving the waterway closed and the diplomatic path stalled.

Grounded in 6 reports across 5 sources

Trump said he expected U.S.-Iran talks to resume a day after rejecting Iran's proposal, but Iran said its UN delegation has no talks planned, leaving the diplomatic path stalled.

In this event Iran says it ‘has no plans to negotiate with US’ despite Trump claims – US politics live Earlier coverage Trump rejects Iran's latest ceasefire proposal Earlier coverage Iran says it has given US 'concrete' seven-day plan to reopen Strait of Hormuz Earlier coverage Hormuz to stay closed unless US meets Iran's conditions, Iran official says Earlier coverage
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Oil near three-week high as US-Iran peace hopes fade

World
Guardian

Governments’ borrowing costs hit further multi-decade highs as US-Iran peace hopes fade

Bond yields in US, UK, Germany France and Japan rise after ceasefire ends and Trump threatens to bomb Oman Business live – latest updates Government borrowing costs continued to rise to levels not seen in decades on Tuesday, as hopes of an end to the US-Iran war faded. Concerns about the inflation outlook worsened after the ceasefire between Washington DC and Tehran ended on Monday night without an agreement , with…

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