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Lamis Al-Hadidi: Trump's comments impact markets
The article focused on the impact of U.S. President Donald Trump's statements on the financial markets. Reports indicated that negotiations between Iran and the United States remain unclear and inconsistent. Trump's rejection of Iran's proposal to open the Strait of Hormuz for seven days and the mutual mistrust between the two sides have caused market volatility. Meanwhile, oil prices continued to rise to $107, gold prices declined, and shipping costs, freight rates, and insurance premiums increased, reflecting the ongoing global economic crisis.
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