London Stocks Rise as UK Leads Strait of Hormuz Talks
London's FTSE 100 rose 0.6% as Britain hosted talks on the Strait of Hormuz. Energy stocks gained on high oil prices while AstraZeneca rose on trial success.
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The United Kingdom stock market saw the X FTSE 100 1C close 0.6% higher on Thursday following an announcement that the government will host international discussions regarding the Strait of Hormuz. British Foreign Minister Yvette Cooper is set to lead a virtual summit involving approximately 35 nations, including France, Germany, Italy, Canada, and the United Arab Emirates, to address maritime navigation safety.
