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US stocks mixed as oil spikes 11% on Iran tensions, then recover on diplomatic talks.

Market News
03 Apr 2026
FXEmpire
View Source
Neutral
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US stock markets showed mixed results after an 11% surge in oil prices due to rising tensions with Iran. Early losses eased as diplomatic efforts between Iran and Oman to manage the Strait of Hormuz helped calm fears of prolonged conflict. Deferred oil futures suggest the market expects the disruption to be temporary. Investors remain cautious, watching for further developments and international pressure on the US administration amid ongoing peace talks.

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