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Friday
17
Jul 2026
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Trump’s angry response to Iran proposal: He calls it unacceptable – Tehran speaks of an “end to restraint”

The deadlock in negotiations is deepening, with oil prices climbing again above $104 per barrel. Tehran is also warning France and Britain against any intervention in the region

Zelensky confirms the three-day ceasefire and the prisoner exchange with Russia

The exchange of 1,000 prisoners of war from each country was agreed, the Ukrainian president said

Analysis: Even if peace comes to the Middle East now, it will still take a long time for fuel prices to fall

Even if a U.S.–Iran agreement is reached and the Strait of Hormuz reopens immediately, fuel prices are unlikely to return quickly to their early-2026 levels. Markets will need months to be “convinced” that the danger has truly passed. This is the well-known “rockets and feathers” phenomenon

A three-stage plan is being studied by the US and Iran: Temporary agreement on a cessation of war and 30-day nuclear negotiations

Markets rise and oil falls on optimism about the outcome of the negotiations - Focus on the Strait of Hormuz and the nuclear programme

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