Fortune·4 min read·medium
Oil tumbles and stock futures surge after Trump said Iran deal was near
T
The Associated Press, Elaine Kurtenbach, Matt Ott
✦AI Summary
Global markets reacted positively to President Trump's announcement of a potential deal with Iran, causing oil prices to drop and stock futures to rise. Meanwhile, the U.S. and Japan intervened in currency markets to stabilize the yen.
U.S. markets were poised to open with gains and oil prices fell sharply Monday after President Donald Trump said he would order U.S. forces to refrain from attacks against Iran and that a deal to end the fighting was near.
businesseconomyworld
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