7 News ·general ·3 hours ago

United States and Iran sign peace deal to end Middle East war

The United States and Iran signed a peace deal on Monday to end the war in the Middle East. Defence expert John Blackburn warned that oil price volatility could persist for up to 18 months due to high demand and supply disruptions. Prices, currently around $80 a barrel, may rise again as emergency stock releases conclude.

Summary by OZbrief · 7 News

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