London, March 26, 2026 (AFP) - Oil jumps, stocks drop on uncertainty over US-Iran talks

NAMPA / AFP

2026-03-26

Oil prices jumped and equities slid Thursday as hopes for a peace deal between the US and Iran wavered after Tehran rejected Washington's bid to wind down the nearly four-week war. Markets had been buoyed this week by US President Donald Trump's announcement that strikes targeting Iran's energy infrastructure would be postponed, adding that the two sides were in peace talks. But uncertainty over the talks and the virtual closure of the Strait of......

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Law & Politics

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