The Guardian Australia – Business ·business ·23 hours ago

Collapse of US-Iran talks heightens fears of prolonged energy shock

The collapse of US-Iran talks has heightened concerns of a prolonged energy shock, driving up oil prices and borrowing costs. US Vice President JD Vance attributed the failure to Iran's refusal to abandon its nuclear ambitions. Market uncertainties are expected as inflation pressures mount amid the ongoing conflict.

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Summary by Glance · The Guardian Australia – Business

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