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Oil Rebounds as Traders Await Signing of US-Iran Deal Yahoo FinanceExclusive | The Trump-Iran Deal Allows Tehran to Immediately Sell Oil WSJOil Prices Waver as Traders Hope the Strait of Hormuz Will Reopen The New York TimesOil is little changed as investors weigh deal on Iran war as uncertainty persists on Hormuz CNBC
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Traders are waiting for U.S. and Iranian officials to meet in Switzerland on Friday, when they are expected to sign an initial agreement and begin a 60-day cease-fire.
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Americans are spending more on gas and eating out less, a sign of stress on the economy tied to the conflict with Iran that's forced consumers to shift more dollars to needs instead of wants.
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Former institutional trader Kevin Muir pushes against the market tide with a call to buy oil now.
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Oil prices inch lower as traders eye U.S.-Iran peace agreement Investing.comExclusive | The Trump-Iran Deal Allows Tehran to Immediately Sell Oil WSJView / Hormuz will never really be open again SemaforDeal or no deal, oil prices will stay high for months The EconomistUS Hails Deal That Defers War Goals and Gives Iran
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Shipping data show that only a fraction of normal tanker volumes are moving through the Strait of Hormuz.
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Oil little changed as investors weigh US-Iran peace deal, Hormuz uncertainty ReutersIran to Gain Major Financial Relief Under Interim Deal With US Bloomberg.comOil prices continue slide amid hopes for peace, opening of Strait of Hormuz Al JazeeraView / Hormuz will never really be open again Semafor
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Oil slides on Iran supply hopes; bond yields pushed lower before Warsh debut ReutersOil prices continue slide amid hopes for peace, opening of Strait of Hormuz Al JazeeraView / Hormuz will never really be open again SemaforDeal or no deal, oil prices will stay high for months The Economist
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While oil prices have recently fallen on news that a peace deal between the U.S. and Iran could come, prices are still significantly higher than before the war.
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