Oil's three-day surge

Oil prices jump after President Trump says the U.S. memorandum of understanding with Iran is "over," while chip stocks see a brief Asia-session rally that quickly fades. And the June Fed minutes signal a divided central bank that's in no rush to act on inflation.

Today’s recommended read: Forget TACO. Trump's best Mexican food acronym is TAMALES, Clyde Russell

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Read more from Amanda Cooper and Anna Szymanski

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