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10 things you need to know before European markets open

Good morning! Here's what you need to know. Oil is rocketing. OPEC agreed to cut production for the first time in eight years. Guy Verhofstadt slammed UK politicians. The EU Parliament's chief Brexit negotiator has launched an extraordinary attack on British government ministers Boris Johnson and Liam Fox. Israel is central to the iPhone 8. Apple is using an office in Israel to develop hardware for the "iPhone 8," which is expected to be released next year with a radical redesign.
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