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The Nexus
BUSINESSMay 7 · 23:34 UTCMARKETWATCHMike Murphy

Oil futures rise after U.S., Iran trade fire; stock futures quiet after court rejects Trump’s tariffs

Oil futures rose after the US and Iran exchanged fire in the Persian Gulf, while stock-index futures remained quiet following a federal court's rejection of President Donald Trump's backup tariff plan. The exchange of fire occurred late Thursday. A federal court struck down Trump's tariff plan.

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