Business · 24 August 2026

UK top stock index rises 0.2% as mining companies offset Iran fears

Traders are currently waiting to see if new American sanctions on Iran's trade partners will disrupt vital oil supplies. A weaker US dollar pushed up metal values on Monday, boosting shares in mining giants Rio Tinto and Anglo American. The wider stock market gains happened even though energy companies BP and Shell dropped as crude prices fell.

By BriefTea Editorial · 24 August 2026 at 13:17

Reported by Reuters · How we write briefs

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