Trump teased an Iran deal that didn't come, but markets soared. Here’s why it keeps happening

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Source: CNBC
Published: 2026-08-08 02:34 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Middle East, Iran, Energy, US Politics
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Snippet:
The Trump administration this week sparked enthusiasm that the U.S. and Iran could soon strike a deal on the Strait of Hormuz, driving down oil prices and sending stocks soaring — only for no deal to emerge.
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