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Business News
- Oil prices plunge on US-Iran ceasefire deal to reopen Strait of HormuzCrude prices tumbled by as much as 15% on the conditional pause but is higher than before the war.
- Music giant Universal gets $64bn takeover offerThe music giant behind acts such as Taylor Swift and Sabrina Carpenter gets an offer from Bill Ackman's Pershing Square.
- Plan 2 student loan interest rates capped at 6% in EnglandThe cap on Plan 2 and postgraduate loan interest rates comes amid a risk of rising inflation.
- Airlines cut flights and hike fares as fuel prices surgeAirlines have reduced services and lifted ticket costs as the Iran war weighs on jet fuel costs.
- Price of first class stamp rises to £1.80The rise come as the postal service faces criticism over missing delivery targets.
- The US refinery now processing Venezuelan oilChevron is now importing 250,000 barrels of crude per day from Venezuela.
