Business · 8 July 2026

Sterling stays steady as Iran tensions grow again

People saw little change in the pound despite rising tension in the Middle East. Sterling held almost unchanged on Wednesday after Donald Trump said an interim agreement with Iran had ended following fresh attacks on US bases in the Gulf, while oil prices climbed and currency markets stayed calm. Brent crude reached $78.36 a barrel, and sterling traded at $1.3351.

By BriefTea Editorial · 8 July 2026 at 16:47

Reported by Reuters · How we write briefs

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