Stocks soared on Wednesday on renewed hopes a peace deal could be struck between the US and Iran to end the Middle East war. The FTSE 100 closed up 219.55 points, 2.2%, at 10,438.66. The FTSE 250 ended up 388.61 points, 1.7%, at 22,832.42, and the AIM All-Share rose 9.34 points, 1.2%, at 808.62. Axios on Wednesday reported that the US believes it is getting close to an agreement with Iran on a one-page memorandum of understanding to end the Middle East war and set a framework for more detailed nuclear negotiations. The one-page, 14-point memorandum of understanding is being negotiated between US President Donald Trump’s envoys Steve Witkoff and Jared Kushner and several Iranian officials, both directly and through mediators, the report said. In its current form, the MOU would declare an end to the war in the region and the start of a 30-day period of negotiations on a detailed agreement to open the Strait of Hormuz , limit Iran’s nuclear programme and lift US sanctions, Axios said.…