Fears of global energy shock after the collapse of US-Iran talks
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Fears of global energy shock after the collapse of US-Iran talks

The failure of the US-Iran negotiations in Islamabad raises concerns about global energy shock. U.S. Vice President Jay D. Vance left after 21 hours of talks on April 12, accusing Tehran of refusing to abandon the nuclear program. Tankers remain trapped in the Persian Gulf, while oil prices were set at $94.26 a barrel (Brent). The war began on February 28 with American-Israeli raids, while Israel continues attacks on Lebanon. Governments are concerned about inflation and interest rate increases, with social unrest erupting in Ireland.

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Explosive rally on Wall Street after US truce
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Explosive rally on Wall Street after US truce

Wall Street scored an explosive rally after the US-Iran truce announcement. Dow Jones was launched 2.79% at 47,882,62 units, S&P 500 won 2.34% and Nasdaq was strengthened 2.76%. Trump told Truth Social that he agreed to suspend the bombings for two weeks, while Iran agreed to open the Strait of Hormuz. Oil prices collapsed over 16%, with energy shares retreating, while Nvidia, Amazon and Tesla made profits over 2–3%.

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