UK stocks rise for fourth week as oil prices drop lower

The United Kingdom stock market concluded the week on a positive note, with major indexes posting gains on Friday as geopolitical tensions in the Middle East showed signs of easing. Sentiment was bolstered after the foreign minister of Iran announced that the Strait of Hormuz would remain open during the current ceasefire period. This development was further supported by comments from United States President Donald Trump, who expressed optimism that a deal to end the conflict could be reached soon.