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London close: FTSE ends down but off lows amid renewed peace hopes

By Michele Maatouk

Date: Thursday 28 May 2026

(Sharecast News) - London stocks ended down but off lows on Thursday, while oil prices pared gains following a report the US and Iran have reached an agreement on a 60-day memorandum of understanding to extend the ceasefire and launch negotiations on Tehran's nuclear programme.
The FTSE 100 closed down 0.8%...

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