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Pound Stabilizes Amid Iran-Oman Talks and Ongoing US-Iran Uncertainty

Guavy AI Editorial Team
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GBP
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The British pound has held firm above $1.345 as investors remain cautious about the outcome of Iran-Oman talks and their potential impact on energy flows through the Strait of Hormuz.

A proposed shipping route through the strategic waterway was agreed upon by Iran, raising hopes for improved oil supply and lower energy prices.

However, a broader US-Iran agreement remains uncertain, with President Donald Trump saying he would 'see what happens' in ongoing negotiations.

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