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Wall Street Rallies as Nasdaq Hits Record; Oil Drops on Middle East Diplomacy Hopes
Le SoirLO·US·about 3 hours ago
Brent crude fell 4% to $99.69 and WTI dropped 5% to $95.22 as markets price in potential de-escalation in the Middle East conflict ahead of UN General Assembly talks. The decline reflects diplomatic optimism, but the situation remains fluid and any breakdown in negotiations could reverse the move.
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