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Experts warn the impact of the war will continue to affect the global economy for months to come.
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Under the agreement, the key Strait of Hormuz waterway will be reopened, US President Donald Trump said.
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Energy prices tumbled and stocks jumped Monday — but only moderately — after the U.S. and Iran said they had reached a deal to reopen the Strait of Hormuz.
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Oil prices fell and stocks gained early Monday after Iran and the U.S. reached a deal that may allow more energy and other goods to flow through the Strait of Hormuz.
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