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NYTimes BusinessMay 12, 2026
Inflation Jumps, Oil Prices Rise on U.S.-Iran Standoff
President Trump has declared the cease-fire on "life support," and investors are taking a cautious approach as the economic effects of the war become more apparent.

NYTimes BusinessMay 12, 2026
As Trump Dismisses Iran Truce Plan, World Braces for Lasting Economic Pain
President Trump said the fragile cease-fire was on "life support," and India's leader urged residents to cut back on purchases and travel.
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