{"id":238692,"date":"2026-08-06T16:09:28","date_gmt":"2026-08-06T16:09:28","guid":{"rendered":"https:\/\/www.europesays.com\/iran\/238692\/"},"modified":"2026-08-06T16:09:28","modified_gmt":"2026-08-06T16:09:28","slug":"as-it-happened-stocks-fall-into-red-as-oil-fluctuates-over-middle-east-developments","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/iran\/238692\/","title":{"rendered":"As it happened: Stocks fall into red as oil fluctuates over Middle East developments"},"content":{"rendered":"

\t\t\tThursday 06 August 2026 6:30 am
\n\t\t\t\t\t\u00a0|\u00a0\u00a0Updated:\u00a0<\/p>\n

\t\t\tThursday 06 August 2026 4:43 pm\n\t<\/p>\n

\"Large\t\tWelcome back to City AM’s FTSE 100 live blog\t<\/p>\n

Welcome back to the City AM liveblog.<\/p>\n

Oil prices have fluctuated around the $80 mark over the last 24 hours following mixed developments coming out of the Middle East.<\/p>\n

Brent crude \u2013 the international benchmark for oil prices \u2013 was heading towards $79 per barrel on Thursday morning, holding up a near 10 per cent loss for the week, after Iran and Oman reported progress in sealing a deal to govern shipping through the Strait of Hormuz. This followed a brief rise higher on Wednesday after an attack by the Iran-backed Houthi militants in Yemen claimed they targeted a Saudi oil tanker in the Gulf of Aden.<\/p>\n

Tehran\u2019s foreign ministry spokesman Esmaeil Baqaei said a deal with Oman was \u201cin the final stages\u201d but warned it would not guarantee safe navigation through the strait.<\/p>\n

Baqaei argued security remained impacted by the US blockade of Iran\u2019s ports. Tehran officials have also said the US were not involved in advancing talks in a move that contradicts rhetoric coming out of the White House.<\/p>\n

\u201cWe were all set for the biggest attack since World War II, and they called me, and they said, \u2018Please don\u2019t do it, let\u2019s talk,’\u201d Trump said on Wednesday, referencing cancelled strikes by the US from Sunday.<\/p>\n

The President<\/a> claimed the US was \u201cknocking the hell out of\u201d Iran but added he would \u201crather make a deal, because I don\u2019t want to kill people.\u201d<\/p>\n

Trump later reiterated \u201ca lot of progress had been made\u201d to reopen the Strait of Hormuz and hinted an announcement could be made soon.\u00a0<\/p>\n

We\u2019ll be bringing you all the latest market updates and analysis.<\/p>\n

Here\u2019s a few of our top headlines this morning<\/p>\n

\t\t\t\t\tRead more<\/p>\n

\t\t\tOil price falls but Trump and Iran clash on negotiations claim<\/a><\/p>\n

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\t\t\tPeople & Organisations\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Thursday 06 August 2026 6:30 am \u00a0|\u00a0\u00a0Updated:\u00a0 Thursday 06 August 2026 4:43 pm Welcome back to City AM’s…\n","protected":false},"author":2,"featured_media":238693,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[3],"tags":[14791,2868,43511,328,35338,1170,147,2272,44018,44017,44019,16575,37232,44020,44021,44022,44023,44024,44025,44026,44027,44028,44029,44030,34,342,1986,40758,207,46445,49,816,187,42,213,123,44036,12130,44037,1395,44038,261,44039,667,12258,795,392,309,2059,30562],"class_list":["post-238692","post","type-post","status-publish","format-standard","has-post-thumbnail","category-iran","tag-ftse","tag-bond","tag-bond-markets","tag-business","tag-capital-markets","tag-economics","tag-economy","tag-ftse-100","tag-ftse-100-boss","tag-ftse-100-live","tag-ftse-150","tag-ftse-250","tag-ftse-350","tag-ftse-aim","tag-ftse-all-share","tag-ftse-fledgling","tag-ftse-main-market","tag-ftse-shares","tag-ftse-small-cap","tag-ftse-stocks","tag-ftse-trading","tag-ftse-update","tag-ftse100","tag-ftse250","tag-iran","tag-iran-conflict","tag-iran-crisis","tag-london-stock-exchange","tag-markets","tag-markets-live","tag-middle-east","tag-middle-east-conflict","tag-middle-east-war","tag-news","tag-oil","tag-oil-and-gas","tag-oil-and-gas-services","tag-oil-crisis","tag-oil-major","tag-oil-majors","tag-oil-price-cap","tag-oil-prices","tag-oil-sector","tag-regulation","tag-retail","tag-stock-market","tag-trump","tag-trump-administration","tag-uk-economy","tag-uk-government"],"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/238692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/comments?post=238692"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/posts\/238692\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media\/238693"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/media?parent=238692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/categories?post=238692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/iran\/wp-json\/wp\/v2\/tags?post=238692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}