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Trump announces deal with EU to avoid full-blown trade war. President Donald Trump and European Commissioner Jean-Claude Junker struck a preliminary deal on Wednesday that works towards the goal of “zero tariffs, zero barriers, and zero subsidies on non-auto industrial goods.”
Oil flirts with $70. West Texas Intermediate crude oil neared the $70 a barrel mark in overnight trading after Saudi Arabia closed the Bab al-Mandeb Strait, a strategic shipping lane, following the attack of two large oil tankers by Iranian-backed Houthi fighters.See the rest of the story at Business Insider
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