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Bassiri Tabrizi: Both Iran & US Will Claim MOU as a Win

Bloomberg Markets
Friday, June 12, 2026 at 5:15 AM
~4 min read
Energy

Original Report

Oil declined after President Donald Trump insisted a deal with Iran was close. Trump once again pulled back on a threat of more military strikes on the Islamic Republic. However Iran has not...

Oil declined after President Donald Trump insisted a deal with Iran was close. Trump once again pulled back on a threat of more military strikes on the Islamic Republic. However Iran has not confirmed that a deal has been made. Aniseh Bassiri Tabrizi, Associate Fellow for MENA at Chatham House spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East and Africa on the likelihood of a deal announcement soon. (Source: Bloomberg)

Glass House Analysis

Energy prices affect virtually every aspect of daily life—from commuting costs to heating bills to the price of groceries (which must be transported). For working families, energy represents one of the most volatile and impactful line items in their budgets. Energy policy decisions ripple through the economy, affecting everything from manufacturing competitiveness to household financial stress.

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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