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BUSINESSAug 3 · 13:44 UTCFORTUNEThe Associated Press, Elaine Kurtenbach, Matt Ott

Oil tumbles and stock futures surge after Trump said Iran deal was near

U.S. stock futures rose and oil prices fell sharply after President Trump announced a potential deal to end U.S.-Iran conflict. The U.S. and Japan intervened to prop up the yen, weakening the dollar, while Asian markets showed mixed performances.

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