FTSE 100 Live: Stocks to dip as oil tumbles to pre-Iran war levels

cityam07-02 13:33

Oil is reaching pre-war levels. Welcome back to the City AM liveblog.The peace relief rally across markets ground to a halt yesterday as investors were rocked by new tensions in the Middle East that ...

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Welcome back to the City AM liveblog.The peace relief rally across markets ground to a halt yesterday as investors were rocked by new tensions in the Middle East that ...</p>\n\n<a href=\"https://www.cityam.com/ftse-100-live-stocks-to-dip-as-oil-tumbles-to-lowest-since-february/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"DIG","symbol_name":"二倍做多美国油气指数","start_time":0,"source_url":"https://www.cityam.com/ftse-100-live-stocks-to-dip-as-oil-tumbles-to-lowest-since-february/","article_id":"2648571344","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2024/09/oil-and-gas-1.webp?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/ftse-100-live-stocks-to-dip-as-oil-tumbles-to-lowest-since-february/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2648571344","pubTimestamp":1782970409,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Oil is reaching pre-war levels. 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Negotiations were handed a blow as Donald Trump’s envoys Steve Witkoff and Jared Kushner arrived in Qatar on Tuesday to meet mediators, but no direct talks went on to take place. Iran claimed there had been no plan for talks.The Wall Street Journal reported that Trump had been briefed on proposals to return to war, but opted to continue on the path pursuing peace for now.\n\nIt follows both sides having exchanged fire since the end of last week, stemming from an Iranian drone attack on a cargo ship travelling through the Strait of Hormuz. The US hit back with retaliatory strikes on “military surveillance infrastructure, communications systems, air defence sites, drone storage facilities and minelayer capabilities”.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nTensions have remained heightened around the Strait of Hormuz, with Iran refusing to give up control of the narrow waterway.“Hormuz is defined under Iran’s command, not Centcom. A military summit in Bahrain cannot establish legal order and security for the Persian Gulf,” Iran’s deputy foreign minister Kazem Gharibabadi said.Despite this, some uptick in traffic flowing through the strait has led to oil falling to its lowest level since late February.\n\nBrent crude – the international benchmark for oil prices – tumbled to $71 per barrel on Thursday morning, with the US claiming crude flows through the strait had exceeded 10m barrels per day with the support of American military.Oil exports from the UAE have also returned to pre-war levels with the help of workarounds.We’ll be bringing you the latest market updates and analysis.Here’s a few of our top headlines this morning\nWayve hands London private market ‘major boost’ with $85m share sale\nNothing fails to file accounts months after dissolution threat\nNBA Europe bids fall short of $500m mark for some city franchises\nWhy World Cup players could pay tax in five different countries\nLondon becomes activist capital of Europe as investors pressure firms over AI plans","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.1","shortVersion":"4.44.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2648571344","isCrawlerRequest":true}