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geopoliticsbullishWTIPublished Jul 19, 2026, 2:00 PM

US-Iran Conflict Escalates as Trump Declares Ceasefire Accord Over

US-Iran Conflict Escalates as Trump Declares Ceasefire Accord Over
President Trump stated the interim US-Iran accord is over after indirect talks failed, prompting renewed US strikes on Iran following attacks on tankers in the Strait of Hormuz. Oil prices surged 5% to $78 a barrel with stocks retreating.

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