Oil prices dip, stocks rally amid US-Iran tensions

Oil prices dip, stocks rally amid US-Iran tensions

Oil prices slipped and global stock markets rallied Wednesday as reports emerged of a US plan to end the war with Iran, only for Tehran to reject the overture, according to state media. Investors initially cheered signs that hostilities could ease, with the safe-haven dollar losing ground. However, the arrival of additional US troops in the Middle East and renewed missile exchanges between Iran...

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