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Stocks sink and oil rises with Iran, US no closer to peace talks

Political Leaning Analysis
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Score: -0.27Center / Neutral

Asian stocks fell and oil prices rose Thursday as the United States and Iran appeared no closer to holding fresh peace talks and Tehran continued to refuse to reopen the Strait of Hormuz.Hopes that the two would meet for a second round of negotiations in Pakistan have dissipated, with the Islamic republic targeting three container ships in the waterway and citing Washington's blockade as its reason for keeping it closed.



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