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Evening Standard
Evening Standard
Jeremy Cutler

Stocks jump as US-Iran pause sees oil price fall

US President Donald Trump is said to be giving talks with Iran ‘some space’ (Chris Jackson/PA) - (PA Wire)

The FTSE 100 closed higher in London on Monday as investors welcomed a temporary pause in hostilities between the US and Iran, which helped drive the oil price sharply lower.

The FTSE 100 index closed up 45.52 points, 0.4%, at 10,781.75. The FTSE 250 ended up 96.61 points, 0.4%, at 23,898.10, while the AIM All-Share closed down 1.29 points, 0.2%, at 771.69.

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