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US-Iran war: what the ‘peace deal’ really means

By Bamo Nouri, Honorary Research Fellow, Department of International Politics, City St George's, University of London
Inderjeet Parmar, Professor in International Politics, City St George's, University of London

The announcement of a new agreement between the United States and Iran has been greeted with relief across global markets. Oil prices have eased, shipping insurers have relaxed and politicians have rushed to hail a diplomatic breakthrough.

The memorandum…

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