IG Index futures point to the FTSE 100 falling 0.5% or 48 points, unwinding the top flight benchmark’s increase of 24.59 points yesterday. Brent Crude is at $73.61 a barrel, an increase of 0.5% after falling to $70 at one point yesterday amid reports Iran is willing to resume nuclear talks with the US.

The Indian rupee is likely to dip at the open on Tuesday, weighed down by rising oil prices and a decline in U.S. equity futures after U.S. President Donald Trump called for the evacuation of Tehran.

This latest iteration of the Middle East crisis is both familiar and unfamiliar. We’re all back obsessing about the oil price, yet we also know from the last few years that that same oil price has appeared somewhat impervious — oblivious?

DRIVERS must be spared a fuel duty hike as tensions in the Middle East push up global oil prices, MPs have warned.  New figures show petrol prices rose to 132.1p a litre yesterday,