FTSE 100 Live: Shares jump as oil prices fall as Iran allows some Hormuz shipping

Oil prices have moved lower, which Britzman says offers some relief to equities that had been weighed down by worries over inflation and the knock-on impact for interest rates.But, as per the update below, comments coming out of Iran are not positive. On the plus side, Iran said "non-hostile" vessels could use the crucial Strait of Hormuz shipping route.Washington has reportedly sent Tehran a rehashed 15-point proposal aimed at resolving tensions, while Israeli media indicate that the US is pushing for a on ...