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President Donald Trump and Iranian President Masoud Pezeshkian both suggested the conflict could end soon
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Stocks in Asia Rally and Oil Prices Rise The New York TimesAsian Stocks Rally Most in a Year on Hopes Iran War May End Bloomberg.comSouth Korea's Kospi leads rebound in Asia markets as Trump says Iran war could end in weeks CNBCAsian Equities, Government Bonds Rise on Hopes for Quick End to Mideast Conflict WSJ
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Oil extends gains after record monthly rally as Trump signals Iran war exit amid energy disruptions CNBCOil prices fall and markets rally after Trump says Iran war will be over in three weeks The GuardianThe market is sending a worrying signal about the economy CNNIran War Live: Trump Says US May Exit War in Two to Three Weeks Bloomberg
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Energy stocks have fared well as crude-oil prices have shot up, but one other industry group has also done well since the U.S. and Israel attacked Iran on Feb. 28.
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Ample oil reserves and renewables growth make manufacturing sector more resilient than rivals
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Investors weighed the news that the owner of a Kuwaiti tanker loaded with oil said it had been hit in an Iranian attack near Dubai.
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The average price of gasoline in the U.S. has topped $4 a gallon, a multiyear high, as war in the Middle East roils the oil market and slams drivers.
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A much-anticipated trade deal between India and the U.S. is at "a very advanced stage," India's oil and natural gas minister told CNBC Tuesday.
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