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Trump Declares Iran Peace Deal Dead After Gulf Strikes

Brent crude futures surged more than 5% on Wednesday as President Donald Trump abruptly abandoned interim peace efforts with Tehran. The pivot follows a series of Iranian strikes against U.S. military installations in the Gulf, effectively halting diplomatic channels and pushing the region toward a renewed cycle of direct confrontation.

Trump Declares Iran Peace Deal Dead After Gulf Strikes

The collapse of negotiations arrived as Iranian officials tightened their rhetoric regarding the Strait of Hormuz, labeling the American military presence in the region an act of ongoing aggression. With the U.S. signaling potential retaliatory military action, global energy markets reacted sharply to the breakdown in stability.

Trump’s dismissal of the diplomatic framework leaves little room for immediate de-escalation. Analysts expect the fallout to reverberate across global security structures, as the administration moves away from the bargaining table and toward a strategy defined by military posturing.

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