Oil price rises towards $100 a barrel as markets cling to US-Iran peace deal hopes – business live

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Oil price rises towards $100 a barrel as markets cling to US-Iran peace deal hopes – business live - short news

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The pound is slipping this morning, as invesstors fret about the prospect of a US-Iran peace deal.

Sterling is down a quarter of a cent against the US dollar at $1.3480, having yesterday jumped by three-quarters of a cent.

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source: The Guardian - 26.05.2026

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