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Evening Standard

Business

Graeme Evans

FTSE 100 Live 13 April: Airline stocks slump as oil price tops $100, index weakens

Oil Asia Heathrow Middle East

FTSE 100 Live - (Evening Standard)

Stock markets have fallen after oil prices returned above $100 a barrel in response to the failure of US-Iran peace talks.

The 7% spike for Brent Crude also reflected the blockade of the Strait of Hormuz after President Trump vowed to stop ships from using Iranian ports from today.

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