Brent crude today remained near $100 a barrel but stock markets are calmer after Russia's invasion of Ukraine yesterday caused £88 billion to be wiped from the value of the FTSE 100 index.
A late rebound for Wall Street markets, after US president Joe Biden said sanctions against Russia would not see the West sacrifice their own economies, means the FTSE 100 index is 1% higher.
British Airways owner IAG, which has been one of the stocks most under pressure in London, today reported results in which it forecast a return to profit this summer as long as there's no material impact from recent geopolitical events.
