Developing story — details emerging. Check the source link for the latest updates.

Source: [Bloomberg Markets](https://www.bloomberg.com/news/live-blog/2026-07-16/ftse-100-live-uk-gdp-iip-pound-gilts-mahmood-burnham-hormuz-oil-prices-iran-war-what-s-moving-uk-markets-right-now-markets-today)

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