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The news. The narrative. The timeline.
Oil jumps about 5 percent Monday after reparations talk dims a Hormuz deal.
Reuters said oil settled 5 percent higher after Trump's demands.
Trade X treats 5 percent as the only news.
Oil settled about 5 percent higher Monday. [1] CNBC said Trump signaled a shift to economic pressure as Iran hardened. [2]
The paper's Sunday major recorded that owners still stay out. A 5 percent print does not book a hull.
-- THEO KAPLAN, San Francisco