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London close: FTSE surges, oil prices fall amid hopes of end to Iran war

By Michele Maatouk

Date: Wednesday 01 Apr 2026

(Sharecast News) - London stocks rose to a two-week high on Wednesday and oil prices retreated amid hopes the Iran war could be nearing an end.
The FTSE 100 closed up 1.9% at 10,364.79. Brent crude was down 1.9% at $101.95 a barrel and West Texas Intermediate was 1.2% lower at...

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