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Finance & economics | Smoke signals
As tensions flare in the Gulf, triple digits could return in a flash
Buy while stocks lastPhotograph: AFP
Jul 30th 2026|5 min read
A CYNIC MIGHT say that ceasefires between Iran and America hold well between attacks. In the past fortnight a pattern has become familiar. A pause in fighting is declared; one party breaches it; tit-for-tat strikes and superlative threats ensue; détente is announced once again.
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