Trump says talks with Iran continue - Reuters
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The story
President Trump confirmed that diplomatic talks with Iran are ongoing, signaling a potential path for de-escalation. This reduces the immediate likelihood of military conflict, which tends to remove the geopolitical risk premium from energy prices.
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The house read
Wrong ifThe primary risk is a breakdown in talks or any renewed hostile rhetoric from either side, which would cause the geopolitical risk premium to spike sharply and immediately.
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