Iran Rebuffs Peace Talks as Markets React to Intercepted Ship and Oil Surge
TL;DR Summary
Iran says it will not participate in new peace talks with the U.S.; the U.S. says it intercepted and seized an Iranian-flagged ship in the Gulf of Oman, sending oil higher and futures lower after last week’s rally, while Asian markets open mixed and policymakers weigh energy/security risks at IMF/World Bank meetings.
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