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Euronews
Euronews
Doloresz Katanich

Oil prices slide after Trump announces 'productive conversations' with Iran

Relief rippled through financial markets on Monday after US President Donald Trump announced the United States spoke to Iran about a possible end to the war and withdrew his 48-hour ultimatum.

Oil prices eased and stocks rallied on Wall Street following the statement. This comes after severe losses were marked in other markets in early trading and before Trump’s announcement.

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