FTSE 100 Live: Stocks to rise as Trump and Iran’s Strait of Hormuz tensions persist

Welcome back to City AM liveblog. Oil prices are hovering around the $88 per barrel mark as investors asses the conflicting rhetoric over the Strait of Hormuz. President Donald Trump said the US had “total control” over the narrow waterway as negotiations remain in deadlock. But Iran has pushed back on these claims wit

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.

Stock Market, Sensex, Share Market, Nifty Highlights: Crude oil prices extend rally for sixth session; Brent near $90 per barrel.

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.

“Stocks are doing their best to ignore the situation in the Persian Gulf,” said analyst Steve Sosnick of Interactive Brokers.

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.