FTSE hits record high after Trump moves on Venezuela

Donald Trump’s action in Venezuela looks to have dented Vladimir Putin’s hopes that oil prices will rise this year and rescue Russia’s sputtering war machine.US energy giant ExxonMobil’s stock edged 2.5pc higher and shares in rival ConocoPhillips increased by more than 3pc.Chevron, which is the only American company operating in Venezuela, was one of the biggest risers. Its stock jumped by 5.8pc.Oil prices have also risen, with Brent crude up 1.5pc to $61.70.Shares in US oil companies have continued to clim ...