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Oil prices fall and markets rise on optimism over Iran ceasefire deal

Euronews Friday 29 May 2026, 07:54 UTC 1 min read
Key Points

Markets rallied, and oil fell after reports that the United States and Iran had agreed in principle to extend their ceasefire, boosting hopes of a sustained de-escalation in the conflict.

Markets rallied, and oil fell after reports that the United States and Iran had agreed in principle to extend their ceasefire, boosting hopes of a sustained de-escalation in the conflict.
Iran (LOCATION) United States (LOCATION)
Originally published by Euronews Read original →

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