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Evening Standard

Jeremy Cutler

Stocks surge and oil tumbles amid US-Iran ceasefire

United States Oil Iran Sir Keir Starmer Shell Stephen Innes Antofagasta British Petroleum Persimmon RollsRoyce

The FTSE 100 closed up 260.09 points, 2.5%, at 10,608.88. (James Manning/PA) - (PA Wire)

Stocks in London soared on Wednesday, as oil prices fell back sharply after the US and Iran struck a two-week ceasefire.

The FTSE 100 closed up 260.09 points, 2.5%, at 10,608.88. The FTSE 250 ended up 878.38 points, 4.1%, at 22,434.83, and the AIM All-Share rose 25.38 points, 3.4%, to 763.81.

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