Oil prices fall after US waives Iran sanctions and peace talks in Switzerland progress – business live

Published June 23, 2026 · Category: Markets

Overview

US waives sanctions on Iran for 60 days after first talks in Switzerland to negotiate peace deal; communications line opened to ensure safe passage through strait of Hormuz

Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy.

Crude oil has fallen, after the United States waived sanctions on Iran for 60 days from Monday after the first talks to negotiate a permanent peace deal.

8.15am BST-9am BST: France, Germany, eurozone S&P Global PMI surveys (flash ) for June

9.30am BST: UK S&P Global PMIs flash for June

Details

11am BST: CBI Industrial trends survey

1.15pm BST: US ADP jobs change weekly report

2.45pm BST: US S&P Global PMIs flash for June

6.30pm BST: Bank of England policymaker Swati Dhingra panel discussion at King’s College London: Brexit ten years on

Source

Originally published at www.theguardian.com.

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