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Trump says he's extending the deadline for Iran by 2 weeks in exchange for immediate opening of the Strait of Hormuz

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Business Insider Fews App News Provider
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Brendan SMIALOWSKI / AFP via Getty ImagesPresident Donald Trump is extending the Iran deal deadline by two weeks for negotiations. The Dow surged as investors reacted to Trump's ceasefire announcement and negotiation hopes. Oil prices dropped on the news.

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