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London close: Stocks slip as oil price surge raises stagflation concerns

By Benjamin Chiou

Date: Monday 13 Apr 2026

(Sharecast News) - A renewed surge in oil prices pushed UK stocks marginally lower on Monday, with the FTSE 100 continuing to flatline after hitting a five-week high last week, as all eyes were firmly fixed on developments in the Middle East following failed peace talks between the US and Iran.

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