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President Trump said the U.S. would remove its blockade of the Strait of Hormuz.
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Oil prices fell and stocks gained on Sunday evening on the hope that a deal would allow more energy and other goods to flow through the Strait of Hormuz.
| Keywords | oiloil-pricestrumpiranmiddle-eastenergystrait-of-hormuzstockscommoditiesgeopoliticsus-politicsrepublicanenergy-marketglobal-tradeshippingfossil-fuelscrude-oilnytimes |
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