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Pharma, Energy Deals Drive Market Moves

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Eli Lilly revealed its experimental obesity injection delivers superior weight loss compared to existing drugs, potentially reshaping the $100B+ weight management market. The pharmaceutical giant's announcement comes as competitors race to develop next-generation obesity treatments.

Exxon reportedly approaches finalizing an oil deal with Venezuela, ending years of standoff. The agreement could unlock significant crude supplies while signaling thawing relations between U.S. energy firms and Latin American producers.

Senate Republicans delayed voting on Trump's $1.8 billion fund after contentious discussions. Acting Attorney General Todd Blanche defended the proposal, while Senator Susan Collins expressed concerns about its viability and constitutional compliance.