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Oil price rises towards $100 a barrel as markets cling to US-Iran peace deal hopes – business live

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Britain’s stock market has opened higher as investors in the City embrace hopes for a peace deal to end the Iran war.

The London market, which was closed yesterday for the Bank Holiday, is rallying, lifting the FTSE 100 share index by 65 points or 0.63% to 10,531 points.

Continue reading…Rolling coverage of the latest economic and financial newsMiddle East crisis live: US attacks Iran missile sites as Tehran negotiators hold talks in QatarRachel Reeves tells ministers to ‘buy British’ in four key industriesBritain’s stock market has opened higher as investors in the City embrace hopes for a peace deal to end the Iran war.The London market, which was closed yesterday for the Bank Holiday, is rallying, lifting the FTSE 100 share index by 65 points or 0.63% to 10,531 points. Continue reading…