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Oil prices drop and stock markets rise after reports of deal to end Iran war

Reports have raised hopes of an agreement between the US and Iran after days of escalation. Oil prices have dropped and global stock markets have risen following reports that the US and Iran are close to a deal to end the war. Brent crude futures, the global benchmark oil price, fell to below $100 (£73) a barrel after the reports. The price... [3123 chars]

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