FTSE Down 0.1% on Iran Tensions, Inflation

FTSE 100 fell 0.1% as UK March inflation hit 3.3% and Iran‑Iran tensions escalated after IRGC seized three vessels.
UK inflation rise driven by sharpest fuel price increase in over three years, linked to the Iran conflict’s impact on energy costs.
US President Donald Trump announced an indefinite cease‑fire extension, conditioning any deal on Iran’s unified proposal while maintaining the naval blockade.
Sterling held steady, GBP/USD slipped 0.04% to 1.3498, while DAX and CAC 40 fell 0.3% and 0.4% respectively.