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Evening Standard
Evening Standard
Business
Anna Wise

Oil prices rise and stocks fall as investors wary of ‘fragile’ US-Iran ceasefire

Oil prices have jumped again and stock markets faltered (Jane Barlow/PA) - (PA Wire)

Oil prices have jumped again and stock markets faltered as investors were wary over a “fragile” ceasefire in Iran, despite following a relief rally in the US.

The price of Brent crude oil was rising by about 3.5% to 98 US dollars a barrel on Thursday morning.

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