Markets slide on Iran tension as oil price spikes above $70 news.sky.com

Share indices in London, Frankfurt and Paris were in the red as markets reacted to the latest turbulence in the Middle East.
Global stock markets have fallen amid rising global tensions after the killing of a top Iranian general by the US – and a spike in the price of oil.

The FTSE 100 was down by more than 80 points, or 1%, though the performance was cushioned by a boost for Royal Dutch Shell and BP, up 1% and 2% respectively.