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Global Markets Mixed as Oil Prices Retreat After Fresh Iran Tensions

Oil prices retreated as U.S. stocks hit records and European markets turned mixed after tensions in the Persian Gulf eased slightly, analysts said.

Summary by Emirates24|7
Dubai: World shares were mixed on Tuesday, following losses on Wall Street after U.S. stocks retreated from record highs.Oil prices eased after rising earlier on escalating tensions in the conflict between the United States and Iran.U.S. futures edged more than 0.2% higher.In early European trading, Britain’s FTSE 100 fell 0.8% to 10,280.87. France’s CAC 40 gained 0.6% to 8,026.89, while Germany’s DAX rose 1% to 24,232.45.Asian trading was thin,…

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National Observer broke the news in Canada on Tuesday, May 5, 2026.
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