FTSE 100 Live: Stocks to rise as oil’s ‘slowing demand’ in focus; Iran threatens to extend war

Welcome back to the City AM liveblog. Oil prices are holding up at $87 per barrel this morning as investors remain locked in wait-and-see mode while monitoring new updates coming out of US-Iran negotiations and efforts to reopen the Strait of Hormuz. The Iranian regime handed a major blow to peace optimism after sugges

After the incidents in Bab el-Mandeb and the Gulf of Oman, President Donald Trump on Truth Social wrote of the Strait of Hormuz, "I THINK WE WILL KEEP IT!"

The International Energy Agency warned of sharp drop in oil stocks amid renewed disruption to exports from Gulf producers with "lower volumes" at sea.

Brent crude climbs as renewed violence dampens hopes for a return to stability in energy markets.

Analysts remain split on the short-term outlook for inflation and rates.

Stock Market, Sensex, Share Market, Nifty Highlights: Oil prices hold near one-week high as Strait of Hormuz reopening remains in limbo.

A deal between Iran and Oman to reopen the Strait of Hormuz is teetering over steep demands from Tehran for the United States and vice versa.  Iran on Sunday said the agreement to set up new shipping lanes was in its final stages, but repeated ​that the vital waterway would only reopen once Washington met…

U.S. Stocks Fall as Hopes for Strait of Hormuz Reopening Are Dashed Again  WSJ

President Trump told Axios on Sunday that the U.S. is "semi-negotiating" with Iran as access to the Strait of Hormuz remains uncertain and oil prices rise. CBS News' Nancy Cordes and Retired Marine Col. Mark Cancian have more.

European shares mixed while wheat prices rise amid Black Sea tensions More retail news: The John Lewis Partnership, Britain’s biggest employee-owned retailer, has said that Peter Ruis, the boss of its department store chain, will step down “to pursue new projects”. It said Ruis, who has been managing director of John L

U.S. stock futures edged higher Monday, but Iran's foreign minister ruled out restarting negotiations with Washington

Crude gains as traders watch for progress in US-Iran talks that could pave the way for a deal to secure passage through the Strait of Hormuz.