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U.K.: Oil and gold jump as Israel-Iran conflict escalates

Oil and gold prices surged as the Israel-Iran conflict intensified, with Brent crude rising 1.3% to $75/barrel and gold hitting a two-month high at $3,433/oz. Metro Bank’s shares jumped 13% following news of a possible takeover, while bidding competition grew around Spectris, reflecting heightened investor activity in U.K. markets amid geopolitical tensions

By Sultan Sikander | June 16, 2025 | 0 Comments