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.

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.

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight…

The FTSE 100 closed down 41.21 points, or 0.4%, at 10,332.30.

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