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LSE:CKN 24 February 2026

Oil prices hold near 7‑month highs: US‑Iran talks, tariffs and inventories set the next move

Oil prices hold near 7‑month highs: US‑Iran talks, tariffs and inventories set the next move

Oil prices hovered near seven-month highs Tuesday before slipping, with Brent futures down 25 cents at $71.24 a barrel and WTI off 25 cents to $66.06 by late morning. A $3–$4 per barrel geopolitical risk premium has emerged amid Middle East tensions, new U.S. tariffs, and surging tanker rates. Traders await U.S. inventory data and Thursday’s U.S.-Iran talks in Geneva.
24 February 2026
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Stock Market Today

  • Aston Martin Shares Plunge Below 40p Amid Ongoing Losses and Uncertain Recovery
    March 17, 2026, 6:31 AM EDT. Aston Martin's (LSE:AML) share price dropped below 40p on March 16, down sharply from its £19 IPO in 2018. Despite the slump, the British luxury carmaker, known for its iconic brand, continues facing persistent losses with only one profitable year since 2015. The company sold 6,030 cars in 2024 but reported a £324 million net loss. Market value hovers near £400 million, close to its accounting value, prompting speculation about potential takeover bids. However, financial recovery depends heavily on boosting car sales beyond the current focus on sports cars and improving operational efficiencies. While collapse seems unlikely given ongoing support from lenders and investors, uncertainties remain over future shareholder patience and market demand.
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