Trump says no talks planned with Iran, Tehran says Strait of Hormuz still shut

Wednesday, August 19, 2026 - 23:45
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Trump says no talks planned with Iran, Tehran says Strait of Hormuz still shut
The receding prospects of a deal to end the nearly six-month conflict drove up oil ⁠prices again on Tuesday, while stock markets sagged and borrowing costs for major economies including the U.S. hit multi-decade highs, amid concerns about the long-term inflationary and fiscal impact of the crisis.

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