FTSE 100 Live: Stocks to fall as oil moves higher on US-Iran strikes escalation

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Trump has vowed to hit back at Iran. (AP Photo/Mark Schiefelbein)https://www.cityam.com/wp-content/uploads/2026/06/trumpamediapics.jpeg?w=1107" />

Good morning and welcome back to the City AM liveblog.

Markets were not getting too excited at the beginning of this week when Donald Trump said a peace deal with Iran was “very close”.

And last night’s exchange of strikes might explain why.

The US has said its completed a series of strikes against Iran https://www.cityam.com/ftse-100-live-stocks-to-fall-as-oil-moves-higher-on-us-iran-strikes-escalation/">[...]

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