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London open: Stocks slide, oil rises as US-Iran exchange military strikes

By Michele Maatouk

Date: Thursday 28 May 2026

(Sharecast News) - London stocks slid in early trade on Thursday, while oil prices rose after the US and Iran exchanged military strikes.
At 0835 BST, the FTSE 100 was down 1.1% at 10,393.43, while Brent crude was up 2.7% at $96.85 a barrel after the US carried out fresh strikes...

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