Oil slides and stocks recover as Trump-Iran pact calms global markets

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Global markets breathed a much-needed sigh of relief on Wednesday morning after it emerged Donald Trump reached a temporary ceasefire agreement with Iran, just hours before a high-stakes deadline in which the US president had threatened to destroy bridges, power plants and swathes of Iranian infrastructure.

On Tuesday Trump set a dramatic ultimatum that “a https://www.cityam.com/oil-slides-and-stocks-recover-as-trump-iran-pact-calms-global-markets/">[...]

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