FTSE 100 Live: Stocks to rise; oil higher as Trump rejects Hormuz deal
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Stocks are expected to rise. Oil prices have increased, with Brent crude futures above $106 a barrel, according to Hindu BusinessLine. This rise comes after US President Donald Trump rejected Iran's proposal to reopen the Strait of Hormuz.
The proposal included reopening the Strait of Hormuz and lifting the US economic blockade on Iran, but Trump said he rejected the plan. He also stated that he expects more talks with Iran this week, but noted that it is not the deal he wants to make.
Monzo is in talks over a £10bn sale to Nubank, City AM reports. There are no further details on the potential sale.
Brief written by urgent.news from City AM, Hindu BusinessLine — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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- Iran insists on diplomatic solution after Trump rejects peace plan brecorder.com
- Iran insists on diplomatic solution after Trump rejects peace plan freemalaysiatoday.com
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- Iran insists on diplomatic solution after Trump rejects peace plan investing.com
- Iran insists on diplomatic solution after Trump rejects peace plan nst.com.my
- Brent crude rises above $106 as Trump rejects Iran’s proposal thehindubusinessline.com
