Oil jumps, stocks fall as U.S.-Iran clashes spark peace talks fears

Markets across the world have enjoyed a strong run this week on growing optimism that the 10-week conflict — which has sent oil prices soaring — will be concluded soon

May 8, 2026 - 15:30
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Oil jumps, stocks fall as U.S.-Iran clashes spark peace talks fears
Markets across the world have enjoyed a strong run this week on growing optimism that the 10-week conflict — which has sent oil prices soaring — will be concluded soon

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