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Iran, U.S. approve 60-day extension; oil drops, U.S. futures rise

August 17, 2026, 10:32 AM
Iran and the U.S. have approved a 60-day extension agreement, Alhadath reported, citing sources. Following the news, both WTI and Brent crude fell by more than $1 intraday, while futures for the three major U.S. stock indexes all moved higher.

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