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geopoliticsbearishWTIPublished Jul 29, 2026, 6:00 AM

Trump declares Iran ceasefire deal 'over' amid fresh hostilities

Trump declares Iran ceasefire deal 'over' amid fresh hostilities
President Trump stated the interim deal to end the Iran war is over, triggering oil price jumps of over 5% and S&P 500 declines as risk appetite weakened. Renewed fighting raised concerns over Strait of Hormuz traffic and global inflation.

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