
Stock markets are sharply lower after fading hopes of a Middle East ceasefire caused the oil price to top $105 a barrel.
The FTSE 100 fell by more than 1%, although Next shares bucked the trend after reporting another bumper set of results.

Stock markets are sharply lower after fading hopes of a Middle East ceasefire caused the oil price to top $105 a barrel.
The FTSE 100 fell by more than 1%, although Next shares bucked the trend after reporting another bumper set of results.