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West Texas Intermediate and Brent crude prices rose after Jared Kushner and Steve Witkoff were told not to travel to Pakistan for negotiations
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Muted Reaction as Oil and Stock Markets Reopen The New York TimesU.S.-Iran peace talks stall. Here's where things stand — and what's next for global markets CNBCOil at three-week high as US-Iran peace talks stall - business live The GuardianOil prices increase after Iran doubles down on Strait of Hormuz closure, accuses US of undermining trust CNN
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Iran reportedly proposes Hormuz Strait deal to U.S. Here's where things stand — and what's next for markets CNBCIran offers U.S. deal to reopen strait but postpone nuclear talks AxiosIran gave US a proposal for reopening the Strait Of Hormuz and ending the war, Axios reports ReutersStocks Rise on Iran Offer Report, Oil Pares Gain: Markets Wrap Bloomberg
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China industrial profits jump 15.8% in March, fueled by AI and chip boom despite oil shock risks CNBCChina's Industrial Profits Surge as Reflation Offsets Cost Shock Bloomberg.comChina's Industrial Profit Growth Accelerated in First Quarter WSJChina's industrial profit growth quickens even as Iran war heightens risks Reuters
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U.S. stock-index futures were mixed on Sunday as oil prices rose, ahead of a key week for Wall Street following record highs for the S&P 500 and the tech-heavy Nasdaq.
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Asia stocks: Nikkei, KOSPI hit record highs tracking Wall St; Iran tensions remain Investing.comJapan, South Korea stocks hit record high as investors shrug off stalled U.S.-Iran negotiations CNBCChips carry stocks higher; oil jumps on stalled peace talks ReutersWorld shares are mostly higher and oil gains $2.50 as Iran talks remain in flux AP News
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The statistics bureau said that China's energy supply is "relatively strong," while announcing an uptick in domestic production.
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