Markets on edge as fresh U.S.-Iran attacks dent optimism over a peace deal
- Posted on May 5, 2026
- By CNBC
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- 1 min read
Markets on edge as fresh U.S.-Iran attacks dent optimism over a peace deal
The U.S.' bid to re-open the Strait of Hormuz, dubbed "Project Freedom," was nicknamed "Project Deadlock" by Iran.