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[MARKET UPDATE]: Crude tumbles, Dollar sold, Stocks, Bonds and Gold rally on reports US and Iran discussing phased deal to reopen Strait of Hormuz and end US blockade

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Crude and the dollar dropped while stocks, bonds, and gold surged following reports of US-Iran phased talks to reopen the Strait of Hormuz and lift the blockade.

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U.S. Markets

Oracle (ORCL) sends force majeure notice over New Mexico data centre; trying to put off payments on project if it's delayed

ORCLGeopolitics

Iran's Major General Safavi says the Strait of Hormuz will never re-open in its prior form, Irib reports; Iran and Oman had a mechanism for managing the Strait, this was sabotaged by the US. Iran will fully manage and control the Strait.

U.S. Markets

Oracle (ORCL) says it remains committed to the New Mexico Data center

ORCL