Collapse of US-Iran talks heightens fears of prolonged energy shock
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Oil prices and borrowing costs are expected to rise this week as tankers remain stranded in the GulfMiddle East crisis live – latest updatesThe failure of the US and Iran to reach a peace deal after marathon negotiations has put markets on alert for further oil and gas price rises.With large numbers of oil tankers remaining stuck in the Gulf, the US vice-president, JD Vance, blamed the collapse of the talks on Tehran’s refusal to abandon its nuclear weapons programme, while Iranian sources hit b
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