FTSE 100 closes near record high, and oil price falls, on reports Iran seeks talks with Israel – as it happened

The Abadan oil refinery in southwest Iran. Photograph: Essam Al-Sudani/Reuters

5.16pm BST

Closing post

With European markets closed, that’s all for today.

Our Middle East liveblog has the latest on the Israel-Iran conflict:

Here’s our explainer on how the crisis could affect the oil price, and the knock-on impacts:

And here’s more of today’s news:

5.09pm BST

Wall Street remains in the green too; the Dow Jones industrial average is now up 363 points, or 0.86%, at 42,561 points.