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President Trump said Iran's navy has been destroyed and confirms a sweeping oil blockade, while sharply criticizing NATO allies and warning U.S. support for the alliance faces scrutiny.
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Failure of US-Iran Talks Set to Weigh on Risk Assets Monday Bloomberg.comAsia markets open lower as oil surges after U.S. moves to blockade Iran ports CNBCDow Jones Futures Fall, Oil Prices Spike; U.S. Navy To Blockade Iran's Ports After Talks Fail Investor's Business DailyStock-market futures drop, oil surges back above $100 after failed talks between U.S. and Iran
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Oil jumps 8% to above $100 ahead of US blockade on Strait of Hormuz Reuters
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Oil prices surged as markets reopened on Sunday following news that U.S. peace talks with Iran had ended without a deal.
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