Shell’s 1.2% Gain Helps FTSE 100 Rise 14 Points to 10,450
Shell advanced 1.2% in opening trades, contributing to a 14-point gain in the FTSE 100 index to 10,450. The uptick reflects market optimism ahead of awaited US-Iran diplomatic developments.
1. Opening Trades Lift FTSE 100
The FTSE 100 climbed 14 points to 10,450 in early London trading, led by Shell’s 1.2% advance and BP’s 1.4% gain as investors targeted major oil names for upward momentum.
2. Potential Diplomatic Catalyst
Traders are watching potential US-Iran diplomatic developments under the Trump administration as a key driver for oil sector volatility, with any shift in supply expectations poised to influence energy share prices.
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