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Iran-US Deal Possibly Near: Oil Futures Fall

August 5, 2026 | by Aaditya Raj

Iran-US Deal Possibly Near: Oil Futures Fall

US Treasury Secretary says deal to open Strait of Hormuz with ‘freedom of movement’ may be reached ‘today or tomorrow’. Oil futures fall in response, with Dow Jones jumping 700 points despite stock market uncertainty.

Curated in the public interest from original reporting.
Read full story at The Guardian →

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