FTSE 100 Live: Global markets hit record highs, oil prices slide as Iran deal awaited
The FTSE 100 closed up 13 points at 10,505, helped by gains in consumer stocks as Asian and US tech shares hit record highs. Oil fell about 4% to around $90 a barrel on optimism for a potential US-Iran deal and Strait of Hormuz reopening, though details were unconfirmed. The UK energy price cap is set to rise 13% to a two-year high.