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Oil Sinks 11% as Trump Predicts Middle East De-Escalation

Oil prices plummeted by more than $10 a barrel on Tuesday after soaring to an almost four-year high in the previous session after U.S. President Donald Trump predicted the war in the Middle East could end soon, lowering expectations of prolonged disruptions to oil supply. Brent futures were down $10.45, or 10.6%,...

US Existing Home Sales Unexpectedly Increase in February

U.S. existing home sales unexpectedly increased in February as lower mortgage rates and a moderation in house-price growth pulled buyers back into the market, but still-tight supply could constrain activity during the spring selling season. Home sales rose 1.7% last month to a seasonally adjusted annual rate of 4.09 million...

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