Stock markets recovering Iran war losses amid peace deal hopes; Reeves and Bessent to meet at IMF – business live

Rolling coverage of the latest economic and financial newsMiddle East crisis live: US claims blockade has ‘completely halted economic trade’ into Iran, as Trump hints at return to talks in PakistanThe US stock market’s recovery over the last 10 trading sessions is the fastest since early in the Covid-19 pandemic, reports Jim Reid, market strategist at Deutsche Bank.He says:Hopes for a de-escalation between the US and Iran have continued to propel markets higher this morning, with Trump saying ov...