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News18

Obama says 15-week Iran war left US worse off despite ceasefire

Former President Barack Obama said the 15-week war between the United States and Iran left the situation unimproved, ending only in a ceasefire. The Trump administration signed a Paris agreement with Iran, but nuclear negotiations remain deadlocked. An Exxon executive warned that if disruptions in Strait of Hormuz shipping drain inventories, oil could rise to $150–$160 a barrel, putting pressure on crude futures and upstream oil and gas company earnings.
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Geopolitics