3:04PM

Signing off...

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Thanks for following our coverage of the market reaction to the US-Iran war.

UK and European stock markets have fallen, with Wall Street also declining as there remains no deal on restarting shipping through the Strait of Hormuz.

Oil prices were last up 3.5pc at more than $93 a barrel, while government borrowing costs were a touch higher.

You can stay up to date with any fresh developments here .

2:36PM

US stocks mixed at the open

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Wall ⁠Street’s main indexes ​were muted at the opening bell after a record rally last week.

The Dow Jones Industrial Average was little changed at 49,443.86 as escalating US-Iran tensions threatened the ‌fragile ‌ceasefire.

The S&P 500 fell ​0.2pc to 7,114.88, ​while the Nasdaq Composite declined by 0.1pc to 24,434.37.

2:26PM

Iran ‘positively’ reviewing US peace talks

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A ⁠senior Iranian official has said ‌that Tehran is “positively” reviewing its participation in…