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U.S. and Iran Hold Mediator Talks as Oil Exports Recover

Separate indirect discussions took place Monday as Middle Eastern crude exports approached their highest level since the war began, according to CNBC and Kpler data.

Anthropic flags extreme AI risks as AstraZeneca announces $2bn cancer deal

Anthropic’s IPO prospectus warns advanced AI could pose catastrophic risks, while AstraZeneca is investing $2bn in a Summit Therapeutics oncology partnership.

Burnham to unveil public body for electricity-grid investment

The proposed Great British Grid would compete with private network companies on transmission projects and could co-invest in connection infrastructure.

Oil Extends Gains as Middle East Supply Concerns Persist

Brent futures rose to $106.56 a barrel and WTI topped $93 as markets monitored conflict risks, energy flows and reported mediation efforts.

Aviva boss warns flood risk could leave more homes uninsurable

Amanda Blanc says current building patterns could place thousands of future homes in flood zones as insurers face rising climate-related risks.

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