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Oil prices fell as optimism grew that Iran may restart negotiations with the U.S. and Israel, easing tensions over the conflict that has disrupted the Strait of Hormuz.
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Asia-Pacific markets track overnight gains in U.S. stocks on lower oil prices amid hopes of a Iran-U.S. deal
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Traffic through the Strait of Hormuz remains at a trickle, despite President Donald Trump proclaiming that a ceasefire with Iran depended on it reopening.
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Amazon said it would acquire Globalstar, giving its nascent satellite internet business a boost as it vies to compete with Elon Musk's SpaceX.
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