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WORLDJun 12 · 08:38 UTCWPLG LOCAL 10 MIAMIBy CHAN HO-HIM, Associated Press

World shares surge and oil prices slip over 4% after Trump claims a breakthrough in Iran war talks

World shares advanced and oil prices fell over 4% after President Trump claimed a breakthrough in Iran war talks, potentially reopening the Strait of Hormuz. The S&P 500 and Dow futures rose, while Brent crude oil dropped 4.5% to $86.31 per barrel.

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