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WORLDAug 3 · 09:48 UTCBLOOMBERG

Europe’s Key Rivers Are Drying Up; Mixed Messages on US, Iran Talks | The Opening Trade 8/3/2026

President Donald Trump announced fresh US-Iran talks to address the Strait of Hormuz, while Iran's Foreign Ministry stated negotiations are only with Oman. Europe's major rivers are drying due to heatwaves, impacting power generation and increasing energy prices in Eastern Europe.

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