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Bloomberg

Oil Slumps, US Futures Rise on Iran Talks Optimism: Markets Wrap

Sunday, August 2, 2026


Oil prices fell and US equity futures rose following President Donald Trump's announcement that US-Iran talks would begin Monday. Trump said the discussions could lead to reopening the Strait of Hormuz. The dollar declined during the same trading session.

Original reporting: https://www.bloomberg.com/news/articles/2026-08-02/oil-slumps-us-futures-rise-on-iran-talks-optimism-markets-wrap

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