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Egyptian police shot dead four suspected Islamist militants inside a house a few miles from central Cairo, the interior ministry said on Sunday, the third such incident in as many weeks. It said the men belonged to Ajnad Misr, a group that emerged in January 2014 and has targeted security forces in and around Cairo. The men were suspects in the killing of two policemen, a soldier and a civilian and they were also suspected of blowing up a police vehicle and bombing a security checkpoint, it said.
A report Friday, showing that the US jobless rate had fallen to an eight-year low and wage growth had picked up, fuelled speculation of another US interest rate rise next month despite the recent chaos on global stock exchanges. Crude climbed almost one percent after major exporter Saudi Arabia said its oil minister Ali al-Naimi had met his Venezuelan counterpart Sunday to discuss the South American country's talks with other producers to boost prices.