The price of oil has jumped to over $100 a barrel and shares are sharply lower in response to Russia's invasion of Ukraine.
The developments, which sent gold to its highest level in a year, dominated stock market proceedings on a day when the likes of Lloyds Banking Group, BAE Systems and British Gas owner Centrica have released annual results.
Alongside its figures, engine maker Rolls-Royce said that chief executive Warren East is stepping down after eight years in the role.
