Oil Jumps, Stocks Ease As U.S.-Iran Ceasefire Hangs In The Balance
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Oil prices jumped and global equities pulled back as markets grew increasingly concerned that the ceasefire between the U.S. and Iran might not hold, while tensions over the Strait of Hormuz escalated. LONDON, April 20 (Reuters) - Oil prices jumped and global equities pulled back on Monday as markets grew increasingly concerned that the ceasefire between the U.S. and Iran might not hold, while tensions over the Strait of Hormuz escalated. Brent crude futures LCOc1 rose about 5% to $94.92 a
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