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BUSINESSKSAT·8h ago

Surging oil prices drag US futures lower as Trump rejects Iranian proposal to open Strait of Hormuz

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AI TLDR · GEMINI

Asian stock markets showed mixed results on Monday following a week where cooling oil prices helped U.S. stocks achieve their first winning week in three.

U.S. futures are falling as oil prices surge following President Donald Trump’s rejection of Iran’s proposal to reopen the Strait of Hormuz.

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