Oil tumbles 10% as Iran declares strait of Hormuz ‘completely open’ – business live
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Rolling coverage of the latest economic and financial news, as Brent crude tumbles below $90 a barrelCuts to overseas aid will worsen shocks to global economy, David Miliband saysThe conflict in Iran is already taking a toll on businesses and balance sheets across the UK, warns Matthew Richards, joint head of restructuring & insolvency at accountancy and business advisory group Azets:Richards says an increasing number of directors are seeking advice about their finances as they fear they will no
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