Oil prices fall and stock markets rise as US-Iran peace talks progress - business live
Financial markets reacted to a potential US-Iran peace deal and the unexpected resignation of UK Prime Minister Keir Starmer. The news triggered shifts in oil prices, stock indices, and the British pound.
Why it matters
Major political shifts in the UK and diplomatic breakthroughs in the Middle East have immediate, tangible impacts on global financial stability.
It’s been a busy day for markets, starting off with reaction to news of progress on a US-Iran peace deal , with officials from the two countries having agreed to a roadmap towards a final agreement within 60 days
The report focuses on market reactions and factual political developments without editorializing.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in