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The Nexus
BUSINESSJun 18 · 14:30 UTCAL-MONITOR

Oil falls further on Mideast deal, but Fed outlook knocks equities

Oil prices fell following a US-Iran deal to end a four-month conflict and reopen the Strait of Hormuz. Wall Street indices rose slightly despite a previous session's drop caused by the US Federal Reserve's higher inflation forecast and interest rate projections.

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