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Markets steady ahead of potential Iran peace talks

Global markets hold steady as investors await weekend peace talks between the U.S. and Iran. Oil prices stay below 100 dollars amid growing diplomatic hopes.

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Global financial markets are entering a period of cautious observation as diplomatic efforts regarding the United States and Iran conflict take center stage. Hopes for a weekend deal are keeping Brent Crude Oil prices below $100 per barrel, despite ongoing risks in the Strait of Hormuz.

A commercial ship navigates the waters of the Strait of Hormuz near Oman's Musandam province, captured on April 12, 2026. REUTERS/File Photo
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