Stocks start the week in a positive mood with the FTSE 100 index up 0.2% to a new six month high of 7,473 led by energy stocks.
Oil prices have hit a new high for the year as the US tightens sanctions on Iran by withdrawing waivers on its exports to countries such as China and Turkey.
Brent crude is trading at $74.50 per barrel on Tuesday compared with less than $55 per barrel at the start of the year.
However shares in tour operator Thomas Cook (TCG) jump 18% to 29p on an unconfirmed report that private equity firms are interested in bidding for some or all of the company's assets.
The delays did nothing for the firm’s performance as volumes fell by 2% and profits were down 15% to $335m, leaving the shares flat at 286p.
Meanwhile the investigation into Blooming Land, a charity supported by Ferrexpo, seems to suggest that it might have ‘misappropriated’ company funds.
The sale price is £429m while British land will trouser £193.5m which represents a small premium to the properties’ book value last September. Shares soften 0.6% to 592p.
Starrah’s songs have achieved 94 Number 1 positions and include the most-streamed song by a female artist on Spotify, Camelia Cabello’s ‘Havana’. Shares in Hipgnosis mark time at 104p.
Wizcorp develops games for mobile users and has an annual turnover of Yen 310m (£2.1m). Keywords shares add 0.6% to £14.80.
At the same time online sales in France, Germany and the Netherlands helped lift European sales by 66%. Shares leap 10% to 74p.