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Crude rises, stocks fall on fears over nascent Iran ceasefire

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Score: -0.26Center / Neutral

Oil prices climbed and most stocks fell Thursday on fears over the nascent US-Iran ceasefire after Tehran threatened to resume hostilities as Israel launched a major bombardment of Lebanon.Equity markets across the globe soared and crude plunged Wednesday after US President Donald Trump announced the two-week halt in the war, and the Islamic republic said it would reopen the Strait of Hormuz as peace talks took place.



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