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Evening Standard
Evening Standard
Jeremy Cutler

Early gains evaporate as oil price rise resumes

Visitors to Greenwich Park, London look out towards Canary Wharf (John Walton/PA) - (PA Archive)

The FTSE 100 gave up early advances to close lower on Thursday as the oil price jumped once more amid the ongoing Middle East crisis.

“While images of war continue to roll across screens around the globe, and Iranian missiles and drones attack other countries, markets have little upon which to base a sustained rally,” said Chris Beauchamp, chief market analyst at IG.

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