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stock futures edged lower as oil prices surged above $98 per barrel.
Oil prices surged above $98 per barrel due to tensions in the Strait of Hormuz.
KEY POINTS
- President Trump accused Iran of violating oil transit agreements and warned against imposing shipping fees.
- Israeli Prime Minister Netanyahu confirmed preparations for possible direct talks with Lebanon.
- Iran and Pakistan claim Lebanon is included in the latest ceasefire, while the U.S. and Israel disagree.
COMPANIES
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