The Latest Breaking News from Iran

The FTSE 100 index closed down 34.29 points, 0.4%, at 8,850.63.

US President Donald Trump urged Iran Friday to make a deal or face "even more brutal" attacks, while keeping the door open for negotiations after Israel's deadly strikes on Tehran's nuclear facilities.

Security expert Claude Moniquet told Euronews that Iran has suffered a huge military failure, changing the balance of power in the Middle East dramatically. Israeli and American interests in Europe might be at risk in the coming days, he said.

Sir Keir spoke with the Israeli leader on Friday afternoon as reports of a wave of fresh strikes broke.

Trump and GOP cheered the strikes, but others say Israeli PM deliberately harmed nuclear program negotiations

The 10-year Treasury yield jumped 6.9 basis points on Friday to $4.426, reversing a dip in the immediate aftermath of the attacks.

Robin Energy stock soared on Friday after Israel launched a major airstrike on Iran. RBNE shares remain unattractive as their price action today resembles that of meme stocks.

COMMENT : Oil prices jumped on the news of the extraordinary attacks, posing the risk of inflation, while gold surged and share prices fell. So far, so familiar, writes James Moore – but there’s a reason investors should hold their nerves

Israel has eliminated many of the brains behind Tehran’s nuclear programme. But don’t expect the regime to back down, says Guardian columnist Jonathan Freedland

COMMENT: Israel’s prime minister sees himself not only as the protector of Israel, but the saviour of the West. This, he believes, is how he should go down in history, writes former Israeli diplomat Alon Pinkas

July WTI crude oil (CLN25 ) is up +4.20 (+6.17%), and July RBOB gasoline (RBN25 ) is up +0.0825 (-3.85%). Crude oil prices initially soared by +11% after news that Israel launched a major military strike on Iran, although prices have since fallen back and are currently up about +6%....