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Traders wary that traffic through the Strait of Hormuz is still restricted.
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Investors were in a more sober mood after sharp moves on the previous day.
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The conflict in the Middle East has left the Federal Reserve braced for higher inflation, upending expectations about if officials will restart interest rate cuts.
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American and Canadian airlines, squeezed by surging fuel costs from the war in Iran, are adding "sticky" new bag fees and surcharges, on top of higher fares.
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Delta had better-than-expected earnings reported after the Iran cease-fire was announced.
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