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Evening Standard
Evening Standard
World
Benjamin Lynch

Markets swing by trillions on Trump's 'productive talks' update on Iran war

Donald Trump Iran Sir Keir Starmer United States Rachel Reeves Oil the Liaison Committee

The markets have been subject to wild fluctuations amid US President Donald Trump’s statements on the war in Iran.

Trump had threatened to bomb Iranian energy infrastructure - and Iran vowed it would retaliate by hitting water and energy facilities in the Gulf - unless it reopened the Strait of Hormuz, the vital global oil artery in which the Tehran regime has a stranglehold.

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