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CNBC Daily Open: Iran ceasefire on life support, but market volatility alive and kicking

Posted on May 12, 2026
By CNBC
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1 min read

CNBC Daily Open: Iran ceasefire on life support, but market volatility alive and kicking

Despite claiming that Iran's military is defeated and that Washington "has all the cards" in the conflict, Trump has yet to force Tehran to come to a deal.