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Oil price slides as US and Iran pause fire; cancer treatments help AstraZeneca beat profit forecasts – business live

The Guardian World

Rolling coverage of the latest economic and financial news

Energy companies BP and Shell are unsurprisingly the worst performers across the FTSE 100 this morning, with their shares down by 3.8% and 2% respectively thanks to the weaker oil price. Overall the energy sector is down by about 2.6%.

JD Sports is the best performer, with shares in the fashion retailer up 3.6%. Vodafone is second, with its shares up 3% after an upbeat quarterly update this morning.
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