London indexes fall as Middle East tensions escalate

London's main indexes fell as Trump's comments on Iran dampened ceasefire hopes. Energy shares rose on oil price gains while broader sentiment weakened.

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London's financial markets retreated on Thursday, ending a three-day winning streak as geopolitical tensions resurfaced. The shift in sentiment followed a change in rhetoric from the United States regarding conflict in the Middle East, which dampened previous hopes for a swift ceasefire.

The London Stock Exchange logo is displayed on a building in the British capital, captured in May 2024. REUTERS/Hannah McKay
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