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FILE PHOTO: The logo of Russian oil producer Surgutneftegaz
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Russian oil firm eyes euros over dollars amid levy threat

Oil producer Surgutneftegaz is pushing buyers to agree to pay for oil in euros instead of dollars if the need arises, apparently as insurance against possible tougher U.S. sanctions, according to traders who deal with the firm.

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S&P 500, Dow up as rising treasury yields boost banks

The S&P 500 and the Dow Jones industrial average rose on Wednesday, with the Dow hitting its highest closing level since late January as rising Treasury yields boosted the financial sector and trade worries subsided.

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