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Deadlock in US-Iran talks could push oil past $120, trigger regional war

LAHORE – While lauding Pakistan’s swift diplomacy in securing the ceasefire and bringing the United States and Iran to the negotiating table, speakers at a panel discussion warned that intense domestic political pressures in Washington and Tehran threaten to stall a final peace deal. A failure to reach an agreement, they cautioned, could ignite a broader regional conflagration and push global crude oil prices beyond $120 per barrel. The panel di…
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Daily Pakistan Observer - broke the news on Wednesday, April 29, 2026.
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