UK stocks jump on hopes for US-Iran deal - Reuters
UK stocks jumped more than 2% on Wednesday as investors bet on a possible US-Iran deal to end the months-long war, Reuters reported.
The conflict has pushed energy prices sharply higher and raised concerns about inflationary pressure.
The blue-chip FTSE 100 rose 2.4% by 1055 GMT, while the midcap FTSE 250 climbed 2.6% and touched its highest level in two weeks, according to the report.
