London, Aug 3, 2026 (AFP) - Oil prices slide on hopes of deal to end Mideast war

NAMPA / AFP

2026-08-03

Oil prices tumbled Monday after US President Donald Trump said he was preparing for new talks with Iran aimed at ending the war in the Middle East, which also helped lift stocks. Crude futures slid more than six percent, even though Iran denied that any negotiations were taking place. The yen meanwhile surged against the dollar after US and Japanese authorities confirmed Monday that they had bought Japan's currency on the open markets after month......

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