POLITICSMay 24 · 11:31 UTCTHE GUARDIAN WORLDHeather Stewart

With oil markets nearing the danger zone, a US-Iran deal can’t come soon enough | Heather Stewart

Oil markets are nearing a dangerous tipping point, risking inflation, shortages, and recession, as Iran's closure of the Strait of Hormuz has driven crude prices above $100. A potential US-Iran deal, three months after Trump's Operation Epic Fury, could alleviate market fears.

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Donald TrumppersonOperation Epic FurytopicUnited StatesplaceIranplaceStrait of HormuzplaceIsraelplaceoil pricestopicinflationtopic

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