5:22PM Signing off... Link copied to clipboard Thanks for following our coverage of the war in the Middle East as traders warn oil prices could surge to $150 a barrel. The FTSE closed at -0.17pc today, after a US blockade of the Strait of Hormuz took effect. The blue-chip index was cushioned by gains across energy giants BP and Shell, which rose 0.8pc and 1.24pc respectively. The pound held steady against the dollar at $1.3458, as US reversed earlier losses amid rising oil prices. The S&P was mostly unchanged, while the Nasdaq rose 0.1pc. Germany’s DAX dropped 0.2pc, while the CAC in Paris was 0.4pc in the red. To follow along with the latest developments, head to our Foreign news liveblog. 4:34PM Starmer: Britain will use oil and gas ‘for decades to come’ Link copied to clipboard Britons are “fed up with international events beyond their control pushing up their energy bills”, Sir Keir Starmer has said.…