FTSE 100 Live: Stocks to jump; oil falls as Trump says Iran has ‘last chance’ for peace

Welcome back to the City AM FTSE 100 liveblog. It’s Tuesday morning and the UK’s blue-chip index is set to jump as optimism grows that the US could reach a peace deal with Iran. The price of oil drifted lower yesterday after Donald Trump called off strikes on Iran but progress towards a finalised peace…

Welcome to The Hill’s Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security   The Big Story  Iran’s ‘last chance’ in peace talks? President Trump on Monday warned that it was Iran’s “last chance” to make a peace deal with the U.S. or face “decapitation” as he touted the most recent

President Donald Trump says the US is talking with Iran, even though Iran denied negotiations were ongoing. He says these talks are a "last chance before decapitation." Trump spoke to reporters in the Oval Office. (Source: Bloomberg)

NEW YORK/LONDON, Aug 3 : Oil prices dropped and major stock indexes gained on Monday on signs that U.S.-Iran tensions were easing again, while the yen strengthened against the euro and dollar after the U.S. and Japan confirmed joint intervention to support it.Oil prices fell sharply after U.S. President Donald Trump he

There’s a narrow chance for a Russia-Ukraine peace deal before things go south

Iran said on Monday there are no talks underway with the United States and no plans for any meetings, contradicting U.S. President Donald Trump, who had cited talks he said would take place that afternoon as justification for calling off attacks.