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CBS News

Oil prices leap, stock markets drop after Trump says Iran ceasefire is over

By Home - CBSNews.com
July 8, 2026 1 Min Read
Comments Off on Oil prices leap, stock markets drop after Trump says Iran ceasefire is over
President Trump called negotiations with Iran "a waste of time" and said the ceasefire with Iran is over, shocking the stock market and spiking gas prices in reaction to the renewed unrest in the Middle East. Kelly O'Grady has more.
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