Oil Falls, Stocks Climb on Hopes of US-Iran Hormuz Deal

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Oil prices fell and Asian stocks climbed on Monday over hopes a deal between the United States and Iran to open the Strait of Hormuz could be brokered. The price of North Sea Brent crude and West Texas Intermediate slipped in Asian trade around five percent to $98.47 and $91.53 a barrel respectively at 0705 GMT. JOIN US ON TELEGRAM Follow our coverage of the war on the @Kyivpost_official . Washington and Tehran appear close to agreeing on ending the Middle East war that has effectively closed

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