NewzOil prices have risen as Iran tempered optimism regarding the potential reopening of the Strait of Hormuz. The development occurred alongside mixed trading in European shares and signs of improvement in the UK employment market.
In the UK, a new study indicated positive signs for jobseekers, driven by an upturn in pay. Meanwhile, in the retail sector, the John Lewis Partnership announced that Peter Ruis, the head of its department store chain, is stepping down.
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