International oil prices dropped sharply in the short term, while spot gold and US stock futures surged; reports indicate that the US has proposed a temporary waiver of Iran oil sanctions.
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Spot gold rose by $23.18 per ounce within 5 minutes, reaching $4565.85 per ounce. US stock futures surged in the short term, and Nasdaq 100 index futures turned positive. The European Stoxx 600 index climbed to an intraday high, up 0.2%. According to reports, the United States has proposed a temporary waiver of sanctions on Iranian oil.
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