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BUSINESSJun 12 · 07:18 UTCWPLG LOCAL 10 MIAMIBy CHAN HO-HIM, Associated Press

World shares surge and oil prices slip after Trump claims a breakthrough in Iran war talks

World shares rose and oil prices fell following U.S. President Donald Trump's claim of a breakthrough in Iran war talks. Markets reacted positively to reduced tensions, with Asian and European indices posting significant gains, while analysts remained cautious about the durability of the ceasefire.

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