Welcome back to the City AM liveblog - for your top news, updates and analysis from the FTSE 100 and other UK markets.

Welcome back to the City AM liveblog - for your top news, updates and analysis from the FTSE 100 and other UK markets.

Brent crude for July delivery traded lower as the US president said he was making a ‘final’ decision on a peace deal with Iran.

Welcome back to the City AM liveblog - for your top news, updates and analysis from the FTSE 100 and other UK markets.

Iranian news agency Tasnim reported that Tehran had suspended dialogue with mediators in protest against Israel’s expanding Lebanon offensive.

Welcome back to the City AM liveblog - for all your top news, updates and analysis from the FTSE 100 and other UK markets.

Events in the Middle East continue to dictate the mood in the markets.

Good morning and welcome back to the City AM liveblog - for all your top news, updates and analysis from the FTSE 100 and other UK markets.