Wall Street reacts to oil drop and Iran talks

Oil prices continued to decline, with Brent crude falling by 4.3% to $79.57 per barrel after hitting a three-month low in the previous session. Investors are closely watching for a tentative agreement between Washington and Tehran to fully reopen the Strait of Hormuz by next Friday. Meanwhile, tensions and market fluctuations around the world persist, even as U.S. stocks rose amid the drop in oil prices.

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