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Oil prices had already fallen quite dramatically on Thursday and Friday, in anticipation of an imminent deal. President Trump has posted online that the Strait of Hormuz will reopen after the deal is signed on Friday.
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President Trump said the U.S. would remove its blockade of the Strait of Hormuz and said a deal will be signed on Friday.
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A spokesman for former Senate Majority Leader Mitch McConnell said the Kentucky republican was admitted to a hospital on Sunday.