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May 12, 2026

Iran Ceasefire Falters as Market Volatility Rises Amid Trump-Xi Talks in South Korea

An Iran ceasefire agreement appears to be collapsing while financial markets experience heightened volatility, as U.S. President Donald Trump and Chinese President Xi Jinping hold talks at Gimhae Air Base in Busan, South Korea in October 2025.

May 12, 2026·1 source
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Mar 31, 2026

Warren Buffett Warns Iran With Nuclear Weapons Would Make Nuclear Disaster Harder to Avoid

Warren Buffett, who has long warned about the dangers of nuclear weapons proliferation, said on CNBC's Squawk Box that Iran acquiring nuclear weapons would significantly raise the risk of nuclear conflict, identifying unstable leaders facing personal or political pressure as the greatest danger and predicting nuclear weapons will likely be used within the next 100 to 200 years.

Mar 31, 2026·2 sources
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Top claims

  • ▪Brent crude oil futures rose nearly 3% and topped $104 per barrel on May 12, 2026
  • ▪Nintendo sold 19.86 million Switch 2 units since the console's launch in June 2025
  • ▪U.S. President Donald Trump stated on May 12, 2026 that the Iran ceasefire was "on life support" and "unbelievably weak"

People involved

Xi JinpingDonald Trump

Subtopics

Arms control & disarmament1Ceasefire proposals & violations1Diplomatic summits1Iran war ceasefire and negotiations1Iran's nuclear program1Market volatility1National security1Nuclear proliferation1U.S.–China relations1Warren Buffett1

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