U.S.-Iran talks are ‘eerily similar’ to Trump’s bumpy China dealings in his first term, says top economist—don’t rule out further oil price spikes

The ongoing U.S.-Iran negotiations are drawing parallels to President Trump’s challenging trade talks with China during his first term, highlighting deep-seated distrust and unpredictable escalations. This resemblance raises concerns about potential oil price spikes, given the geopolitical tensions at play. Economists warn that these similarities underscore the complexities and volatility in international relations that could impact global markets. For those keeping tabs on global economic stability, these developments are a clear reminder of the unpredictable nature of international diplomacy.