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CNBC

Oil prices extend gains as Trump comments diminish hopes for a U.S.-Iran peace deal

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Oil prices rose Tuesday amid concerns over a prolonged Middle East conflict after President Trump's comments that the ceasefire with Iran is on "life support"

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Trump Says US-Iran Ceasefire on ‘Massive Life Support’

The ceasefire between the US and Iran reached a particularly precarious moment Monday as President Donald Trump said the agreement was on “massive life support” after he rejected Tehran’s latest peace offer. Bloomberg's Michael Heath breaks down the situation. (Source: Bloomberg)

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