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London open: FTSE dips as Centrica, Shell retreat; US-Iran relations in focus

By Michele Maatouk

Date: Thursday 07 May 2026

(Sharecast News) - London stocks dipped in early trade on Thursday, dragged lower by losses for the likes of Centrica and Shell, as investors continued to eye developments in the US-Iran war.
At 0840 BST, the FTSE 100 was down 0.4% at 10,397.72, while Brent crude was 2.7% weaker at $98.55...

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