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CNBC Daily Open: Markets exhale as Trump steps back, OPEC+ steps up

Posted on August 3, 2026
By CNBC
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1 min read

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CNBC Daily Open: Markets exhale as Trump steps back, OPEC+ steps up

Trump's canceled strike on Iran and an OPEC+ output hike drained the war premium from oil over the weekend, sending crude lower and stock futures higher.