Oil could be driven over $100 a barrel by Iran conflict, analysts warn, as FTSE 100 falls 1% – business live

US-Israel war with Iran hits shares in travel companies, and the pound, although oil producers and weapons makers are rallying Oil prices rise as Iran war threatens shipping through strait of Hormuz Over in New Delhi, India and Canada have agreed deals covering critical minerals and uranium supply. The pacts, which also covered technology and promoting the use of renewable energy, were announced after talks between India’s prime minister Narendra Modi and Canada’s Mark Carney. “Our ties have seen a new energy, mutual trust, and positivity.” “This is not merely the renewal of a relationship. It is the expansion of a valued partnership with new ambition, focus, and foresight, a partnership between two confident countries charting our own course for the future.”