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Oil prices rise after fresh US strikes on Iran and return of sanctions on Tehran – business live

The Guardian Business Wednesday 08 July 2026, 06:58 UTC By Julia Kollewe 1 min read
Key Points

Almost all major Asian stock markets fall, with Samsung Electronics shares sliding for a second dayVirgin Media has been fined £28m by the UK telecoms watchdog for repeatedly preventing customers from cancelling their contracts over a near-three-year period. Ofcom discovered that Virgin Media “likely mishandled” millions of phone calls between January 2022 and September 2024, with deliberate call-dropping tactics, unnecessary call transfers and putting customers on hold for “no reason”.

Almost all major Asian stock markets fall, with Samsung Electronics shares sliding for a second day

Virgin Media has been fined £28m by the UK telecoms watchdog for repeatedly preventing customers from cancelling their contracts over a near-three-year period.

Ofcom discovered that Virgin Media “likely mishandled” millions of phone calls between January 2022 and September 2024, with deliberate call-dropping tactics, unnecessary call transfers and putting customers on hold for “no reason”.

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US (LOCATION) Iran (LOCATION) Tehran (LOCATION) Asian (ORG) Samsung Electronics (ORG) UK (LOCATION) Ofcom (ORG) Virgin Media (ORG)
Originally published by The Guardian Business Read original →

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