In another reversal, US President Donald Trump announced a unilateral, open-ended extension of the ceasefire in the Iran war. Now, there’s no peace, but no active war either. This may become the new normal: a fragile ceasefire without a formal deal, with tensions simmering, sporadic flare-ups, and oil near $100. A geo-economics analysis by Bloomberg Economics highlights that the war may be settlin
Investors Adjust to New US-Iran Normal: No Peace, No War
Bloomberg Markets·Bloomberg Markets··1 min readLimited
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