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oil futures settled above $112 per barrel on Monday, highlighting investor wariness about a possible Middle East resolution.
U.S. oil futures closed above $112 per barrel due to U.S.-Iran tensions.
KEY POINTS
- President Trump set a Tuesday night deadline for a deal, threatening military action otherwise.
- Iran publicly called for permanent peace amid escalating diplomatic standoff.
- The dollar weakened against global currencies as investors reacted to geopolitical uncertainty.
COMPANIES
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