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Brent crude neared $90 as Strait of Hormuz traffic collapsed and the US-Iran ceasefire expired with no new deal in sight. Global bond yields surged to 2008-crisis levels as investors priced in prolonged war-driven inflation. In Gaza, Kushner's four-hour sit-down with Netanyahu produced a framework for US-supervised Hamas disarmament — but no withdrawal commitment.
Oil Nears $90 as Iran Peace Deal Eludes
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