FTSE 100 Live: Stocks expected to slump as oil prices soar on Iran counterattacks

7.16am: FTSE 100 called over 100 points lower as oil soars The FTSE 100 is expected to nosedive more than 100 points on Thursday morning as oil prices continue to soar on Iran's threats of retaliation against its neighbours, making the Bank of England meeting later almost a non-event. It...