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Oil plunges to $80 per barrel, stocks jump on US-Iran peace deal (opens original article in a new tab)

TL;DR

Oil prices fell to $80 per barrel and stocks rose following a US-Iran peace deal that ended the Middle East war and reopened the Strait of Hormuz.

  • Oil prices dropped to $80 per barrel
  • Stocks rallied after US-Iran peace deal
  • Global markets experienced relief
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