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Oil Prices Ease As Trump Says Iran War Could End “Soon”

Tuesday, 10 March 2026 09:49

By Tara Flanagan- Got a story? Email news@kfmradio.com

Markets recover slightly amid fears an Iranian blockade of Middle East energy routes could drive up global living costs.

Global oil prices have eased - after Donald Trump suggested the war with Iran could be over "soon".

Concerns an Iranian blockade of Middle East energy exports could drive up the cost of living have spooked economies around the world.

It comes as a wave of Israeli attacks on Lebanon continued today - while the Iranian government insists it will not negotiate until the bombing ends.

Markets bounced back a little overnight, after the US president claimed his operation is "ahead of schedule":

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