FTSE 100 Rises as U.S. Announces Temporary Pause in Strait of Hormuz Escort Operation
British equities advanced Wednesday after the United States paused its naval escort operation through the Strait of Hormuz amid signals of diplomatic movement with Iran. The FTSE 100, along with major European indexes, climbed as investors reacted to a calmer tone from Washington and indications that talks between the two countries are progressing.…