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[MARKET UPDATE] Oil and dollar gain while stocks and bonds fall as US President Trump says we do not need a deal with Iran and those days have long since passed

ORIGINAL · Newsquawk[MARKET UPDATE] Oil and dollar gain while stocks and bonds fall as US President Trump says we do not need a deal with Iran and those days have long since passedRead originalHide original

Trump also directed VP Vance for total focus on domestic issues; Vance had been seen as the potential face of securing a peace agreement with Iran. Reports via WSJ said there had been prelim discussions for Vance to meet with Iran's Security Chief Rezaei. However, Trump's direction appears to take Vance away from the Iran issue.

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Trump’s direction taking Vance away from Iran diplomacy reversed earlier expectations of possible talks that had coincided with lower oil prices.

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Trump also directed VP Vance for total focus on domestic issues; Vance had been seen as the potential face of securing a peace agreement with Iran. Reports via WSJ said there had been prelim discussions for Vance to meet with Iran's Security Chief Rezaei. However, Trump's direction appears to take Vance away from the Iran issue.

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