FTSE 100 opened lower, sliding 0.6% as Middle East tensions over Iran‑Hormuz standoff pressured markets.
Brent crude rose 1.5% to $103.42 per barrel and WTI up 1.6% to $94.48 amid constrained oil flows.
LSEG expects full‑year revenue growth at the top of its 6.5‑7.5% range after Q1 income rose 9.8%, beating forecasts.
Sainsbury’s forecast 2026/27 operating profit £975‑£1.08 bn, WH Smith cut profit outlook to £90‑£105 m and suspended dividend, citing Iran‑related demand slowdown.