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Evening Standard

Business

Jeremy Cutler

Financials lift FTSE 100 as oil heads below 80 dollars

Donald Trump ING Oil United States Kevin Warsh US Federal Reserve Iran Strait of Hormuz London Persimmon

A small boat moves along the shoreline where an a cargo vessel, tugboat and industrial barge are all anchored in the Strait of Hormuz off Bandar Abbas, Iran (Amirhosein Khorgooi/AP) - (AP)

The FTSE 100 made strong progress on Tuesday as oil fell further amid growing confidence in the US-Iran peace process.

The FTSE 100 closed up 63.59 points, 0.6%, at 10,494.21.

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