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Trump Says Hormuz Talks ‘Moving Along’ Even as Iran Mulls US Ban | The Opening Trade 8/7/2026
US President Donald Trump said negotiations between Iran and Oman over the Strait of Hormuz are “moving along,” even after some Iranian lawmakers said they would seek to bar American and Israeli ships from the waterway as part of the deal. Treasuries were steady after the 10-year yield climbed seven basis points during the US session as higher oil prices revived concerns that the Federal Reserve may need to keep interest rates elevated. The dollar held gains after posting its biggest advance in…
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