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Story summary
- U.S. President Donald Trump warned he could annihilate Iran or strike a deal after the November 3 midterm elections.
- U.S. and Iranian negotiators met for three hours on UN sidelines in New York.
- Iranian President Masoud Pezeshkian said Iran wants a deal before the midterms and could reopen Hormuz.
- Brent fell 1% to $99.25 and WTI dropped 1.2% to $94.59 after Trump’s announcement.
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