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;Resize=(620)) Oil prices fell under $100 US following pleas for peace in the Middle East by China's foreign minister, before rising a bit again. Markets in Europe and Asia soared at the same time, as did futures for major Wall Street indexes.
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Global stocks jumped and oil prices fell in reaction to Trump's statement, which hailed "Great Progress" toward a peace deal. The mission, dubbed "Project Freedom," had just begun.
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Oil prices fell sharply after Axios reported that the U.S. and Iran were closing in on an agreement to bring an end to the conflict.
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