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The Nexus
BUSINESSMay 6 · 06:54 UTCTHE GUARDIAN WORLDReuters

Oil prices ease and markets rally as Trump works towards deal with Iran

Oil prices have eased and stock markets rallied as Donald Trump works towards a deal with Iran. The US president briefly paused his Project Freedom operation escorting ships through the Strait of Hormuz. This pause comes after Iran blockaded the strait, triggering an energy crisis.

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