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Islamabad shuttles proposals between Washington and Tehran even as military options remain fully open for both sides.
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Washington demands immediate concessions while Tehran insists on financial reparations before talks resume.
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Incompatible preconditions create prolonged geopolitical friction that elevates inflationary pressure on crude and shipping routes
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Oil prices rise as diplomatic framework falters and Strait of Hormuz security hangs in balance.
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A UN Security Council Chapter 7 draft resolution demands Iran end shipping tolls — and the diplomatic window is closing fast.
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Washington and Tehran affirm a truce neither side is actually observing, with daily skirmishes and no end in sight.
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From Hormuz threats to OPEC fractures, the outcome of this civilizational impasse affects global energy and Gulf stability.
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With the JCPOA defunct and multiple mediation channels stalled, the risk of a return to open conflict grows by the day.
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Structural damage to oil infrastructure means years of recovery and a floor under prices, regardless of diplomatic outcomes.
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The $27 billion sanctions dispute and uranium verification deadlock could trigger regional volatility and oil price spikes.
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A breakthrough could release up to 1 million barrels of Iranian oil daily, easing global energy shortages and market volatility.
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One man's decision could restart a war that's already raised gas prices and threatened Middle East stability.