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London close: Stocks hit three-week high as oil price drops

By Benjamin Chiou

Date: Tuesday 16 Jun 2026

(Sharecast News) - UK stocks hit a three-week high on Tuesday, as a sinking oil price softened the outlook for inflation on a busy week for central bank meetings.
"The FTSE 100 bounced as peace hopes pushed oil lower and lifted risk appetite, with banks, aerospace, defence and selected growth names...

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