The global energy and stock markets are once again experiencing a paradigm shift as officials have confirmed that the US and Iran are nearing a possible peace deal that will likely end the conflict.

In the wake of the report to end the months-long war in the Gulf, Brent crude futures, which is the global benchmark oil price, plummeted by $10.07 (9.2%) to $99.80 a barrel by 1042 GMT.

While US West Texas Intermediate (WTI) sank $10.79 (10.6%) to $91.48.

Both........

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