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The collapse of U.S.-Iran talks triggered significant market movements.
U.S.-Iran talks collapsed, causing oil prices to rebound above $100 per barrel in Asia.
KEY POINTS
- The U.S. imposed a blockade on Iranian ports, targeting Iran and major buyers like China.
- Experts warn the blockade could cut global oil supply by up to 2 million barrels daily.
- Hungary's forint appreciated after Viktor Orban's defeat, potentially unlocking EU funds for Hungary and Ukraine.
COMPANIES
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