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London open: Stocks fall as US, Iran exchange fire in Hormuz; IAG warns on profit

By Michele Maatouk

Date: Friday 08 May 2026

(Sharecast News) - London stocks fell in early trade on Friday, with oil prices back above $100 a barrel after the US and Iran opened fire in the vital Strait of Hormuz, and as investors eyed the latest US non-farm payrolls report.
At 0830 BST, the FTSE 100 was down 0.7%...

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