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Oil Up, Stock Futures Slip as Iran Offer Rejected: Markets Wrap

Key Points

Oil advanced and US equity futures slipped after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, while saying negotiations may resume this week.

Oil advanced and US equity futures slipped after President Donald Trump rejected Iran’s latest proposal to reopen the Strait of Hormuz, while saying negotiations may resume this week.
Iran (LOCATION) US (LOCATION) Donald Trump (PERSON) the Strait of Hormuz (LOCATION)
Originally published by Bloomberg Markets Read original →