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International Business Times
International Business Times
Business

Oil Prices Jump After Trump's Warning, Stocks Extend Gains

Donald Trump left the G7 summit early, saying he had to deal with the crisis in the Middle East (Credit: AFP)

Oil prices rallied Tuesday after Donald Trump urged Tehran residents to evacuate, stoking fresh fears of all-out war as Israel and Iran continued to pound each other with missiles.

Hopes that the deadly conflict can be contained helped most equities rise, while the US president's earlier claim that the Islamic republic wanted to make a nuclear deal also provided a little optimism.

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