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London close: Stocks sink, oil jumps as Iran suspends peace deal talks

By Benjamin Chiou

Date: Monday 01 Jun 2026

(Sharecast News) - A breakdown in talks between the US and Iran poured cold water on stocks on Monday afternoon, with blue chips in London sinking firmly into the red by the close of play as oil prices surged.
The FTSE 100, which had been registering flat to slightly lower most...

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