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Bloomberg MarketsTullow Oil Agrees Refinancing with Glencore and Some BondholdersBloomberg MarketsTreasuries Dip Before PCE as Fed Hawks, Iran Put Traders on EdgeBloomberg MarketsPrimark Under Pressure From Budget Rivals Shein and TemuBloomberg MarketsAt Long Last, Being Underweight Tech Is a Winning Stock StrategyBloomberg MarketsBig Tech’s Soaring Spending on AI Is Eating Into Stock BuybacksBloomberg MarketsAndrew's Arrest Puts Royal Family in Uncharted TerritoryBloomberg MarketsUS Envoy Warns ‘Made In Europe’ Plan Will Damage Allied DefenseBloomberg MarketsEuro-Zone Wage Growth Quickens, Backing ECB Caution on More CutsBloomberg MarketsEssilorLuxottica’s Bad Week Is Fueled by Smart-Glasses RivalryBloomberg MarketsTrump Says Tariffs Pushed Novartis to Expand Operations in USBloomberg MarketsHow Jerome Powell Is Trump-Proofing the FedBloomberg MarketsAyala Land Leans on Leasing for Growth on Slow Residential SalesBloomberg MarketsBillionaire Heirs Seek Role in Next Polish Nuclear Power ProjectBloomberg MarketsGerman Manufacturing Revival Boosts Euro-Zone Business ActivityBloomberg MarketsEuro Near One-Month Low as US-Iran Risks Fuel Downside BetsBloomberg MarketsTullow Oil Agrees Refinancing with Glencore and Some BondholdersBloomberg MarketsTreasuries Dip Before PCE as Fed Hawks, Iran Put Traders on EdgeBloomberg MarketsPrimark Under Pressure From Budget Rivals Shein and TemuBloomberg MarketsAt Long Last, Being Underweight Tech Is a Winning Stock StrategyBloomberg MarketsBig Tech’s Soaring Spending on AI Is Eating Into Stock BuybacksBloomberg MarketsAndrew's Arrest Puts Royal Family in Uncharted TerritoryBloomberg MarketsUS Envoy Warns ‘Made In Europe’ Plan Will Damage Allied DefenseBloomberg MarketsEuro-Zone Wage Growth Quickens, Backing ECB Caution on More CutsBloomberg MarketsEssilorLuxottica’s Bad Week Is Fueled by Smart-Glasses RivalryBloomberg MarketsTrump Says Tariffs Pushed Novartis to Expand Operations in USBloomberg MarketsHow Jerome Powell Is Trump-Proofing the FedBloomberg MarketsAyala Land Leans on Leasing for Growth on Slow Residential SalesBloomberg MarketsBillionaire Heirs Seek Role in Next Polish Nuclear Power ProjectBloomberg MarketsGerman Manufacturing Revival Boosts Euro-Zone Business ActivityBloomberg MarketsEuro Near One-Month Low as US-Iran Risks Fuel Downside Bets
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CNBC Top Newsmarkets

Oil prices hit six-month highs after Trump warns Iran of 'bad things' if there's no deal

CNBC Top News
Friday, February 20, 2026 at 10:26 AM
~4 min read
InflationEnergy

Original Report

U.S. President Donald Trump has given Iran "10 to 15" days to make a meaningful deal over its nuclear program — or “really bad things” will happen.

Glass House Analysis

This story reflects the interconnected nature of modern economic systems, where developments in one sector inevitably affect others. Understanding these connections is essential for grasping how policy decisions and market movements translate into real-world outcomes for families, workers, and communities. The economy is not an abstract system of numbers—it's the sum total of decisions about who works, who prospers, and who struggles.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

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