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CHARLEBOIS: Why a ceasefire won’t cool your grocery bill

It’s not just the price of oil that drives your grocery bill — it’s also the chaos behind it.

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When news broke that the Donald Trump administration and Iran had agreed to a two-week ceasefire, markets reacted instantly. Oil prices plunged within minutes, wiping out days of gains and triggering a wave of optimism. For many consumers, the assumption seemed obvious: lower oil prices should mean lower food prices.

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