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FTSE Caught Between $107 Oil and AI Jitters as London Plays Defence | Lavamgam

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FTSE Caught Between $107 Oil and AI Jitters as London Plays Defence

$107 — Brent crude held above that level on Tuesday morning after Saudi Arabia closed its East-West pipeline, cutting off the key alternative route to the blockaded Strait of Hormuz, while a diplomatic meeting between Iran and Gulf states was abruptly postponed.