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Iran responds to U.S. ceasefire proposal. What next for oil?

The answer investors have been waiting for arrived on May 10. Iran sent its response to the latest U.S. ceasefire proposal through mediator Pakistan. Within hours, President Donald Trump called it "totally unacceptable." Oil markets, which had been pricing in peace hopes since May 7, now face a …

THE STREET·1h ago·3 min read

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Iran responds to U.S. ceasefire proposal. What next for oil?

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