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Stock impact report

Oil falls and Asian stocks rise on hopes US-Iran talks will resume before ceasefire expires [Yahoo! Finance]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
Company Research Source: Yahoo! Finance
expired, even as Tehran remained uncommitted to attending fresh talks and both sides traded accusations of violating the truce. Brent crude slipped 0.4 per cent to $95.09 a barrel and US West Texas Intermediate fell 1.7 per cent to $88.07, pulling back after both benchmarks surged more than $5 a barrel in the previous session amid rapidly shifting signals over whether talks would resume and whether ships could navigate the Strait of Hormuz. Shipping traffic through the strait remains severely disrupted, with up to 10 million barrels a day of crude still shut in, pushing up freight prices and insurance costs. Oil prices remain well below their $119 a barrel peak for Brent crude earlier in the conflict. "Uncertainty remains the dominant force in global markets as investors navigate an increasingly complex geopolitical landscape," said Lukman Otunuga, head of market research at trading broker FXTM. "The situation around the Strait of Hormuz has amplified volatility, particularl Show less Read more
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