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.

(Bloomberg) -- A global relief rally drove stocks and bonds higher while oil tumbled to a three-month low after the US and Iran agreed to end their war and reopen the Strait of…