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;Resize=(620)) Oil prices fell under $100 US following pleas for peace in the Middle East by China's foreign minister, before rising a bit again. Markets in Europe and Asia soared at the same time, as did futures for major Wall Street indexes.
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The CNN founder's death was met with encomiums from leaders in the media industry, which he helped reinvent. "He will be remembered for generations," said one.
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Tehran says it can endure the pain, but its oil may soon have nowhere to go.
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Turner launched CNN, the first 24-hour cable news network.
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