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EN590 Commodities GroupCrude Oil 2026-06-15T10:41:02.000Z
What matters in U.S. and global markets today By Anna Szymanski, Editor-in-Charge, Reuters Open Interest Global stocks surged and oil prices slid on Monday after the United States and Iran agreed on a preliminary peace deal. The memorandum of understanding should see the Strait of Hormuz reopen following more than three months of near-total disruption that upended the global energy market. U.S. President Donald Trump and Pakistani Prime Minister Shehbaz Sharif announced a deal had been struck late on Sunday. But the agreement - scheduled to be signed on Friday in Switzerland - leaves many questions unanswered, suggesting market celebrations may prove premature. But first, listen to the latest episode of the Morning Bid daily podcast - a special edition on the market implications of the
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