Iran Halts U.S. Talks as Lebanon Conflict Escalates

Tehran has suspended indirect diplomatic talks with Washington following intensified Israeli military operations in Lebanon. The move has triggered a six dollar jump in oil prices as officials warn that the existing ceasefire between Iran and the U.S. is nearing a total collapse.

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Iran halted indirect negotiations with the United States on Monday following an escalation of Israel military operations in Lebanon. The move threatens a fragile ceasefire agreed upon in late April as regional hostilities reignite across multiple fronts.

Energy Markets React to Diplomatic Freeze

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