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Stocks dip, oil choppy as US-Iran peace deal remains elusive

Global stocks slipped and oil turned volatile after reports Iran rejected a US plan to reopen the Strait of Hormuz, impacting energy and markets.

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May 8, 2026 - 00:00
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Stocks dip, oil choppy as US-Iran peace deal remains elusive
Global stocks slipped and oil turned volatile after reports Iran rejected a US plan to reopen the Strait of Hormuz, impacting energy and markets.
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