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Iran ceasefire on 'life support'

Trump dismissed Iran's counterproposal as 'garbage' and warned the ceasefire is on 'life support'. Vessel traffic through the Strait of Hormuz halted on May 12, sending oil sharply higher again.

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BloombergAl Jazeera
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#2026-W14-03 · A single Hormuz shock closes the loop: energy, consumption, and monetary policy
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