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U.S. stock futures jumped and oil prices fell on Tuesday evening, after President Donald Trump announced a two-week-long cease-fire deal with Iran that would delay a planned American bombing assault on the country and make more time for negotiations between the two sides.
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Dow futures jump 900 points, oil tumbles after Trump suspends Iran attacks for two weeks: Live updates CNBCU.S. oil price plunges 14% to below $100 after Trump agrees to two-week ceasefire in Iran war CNBCStock market today: Dow, S&P 500, Nasdaq futures surge on news of a two-week ceasefire Yahoo Finance
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As Trump's Iran deadline looms, the physical oil market is flashing something far more serious than currently reflected in futures contracts.
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