FTSE 100 Outperforms Global Indices as Defense and Energy Stocks Rally
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London markets made gains on Wednesday morning after an unprecedented missile attack on Israel by Iran that sent oil prices higher and shook global stocks. The prospect of a regional conflict is looming large over the Middle East after Iran fired around 180 missiles at Israel on Tuesday, for which Israeli authorities promised there would be “consequences”. Brent crude surged as much as four percent to $74.91 a barrel after White House officials warned a strike was imminent. It is now trading at $74.63. Early on Wednesday, Israel announced…
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