July 13 (Reuters) - Britain's FTSE 100 index is seen
opening lower on Monday, with futures down 0.2%.
* GLENCORE ( GLCNF ): Democratic Republic of Congo's tax authorities
sealed the offices of Glencore's ( GLCNF ) Kamoto Copper over a
dispute concerning alleged tax liabilities, Bloomberg News
reported.
* OIL: Oil prices surged over 4% as energy shipments via the
Strait of Hormuz remained under threat, with the U.S. and Iran
announcing renewed military strikes.
* METALS: Copper prices fell, as fighting escalated between the
U.S. and Iran, with Tehran saying it had closed the vital energy
corridor of the Strait of Hormuz once again.
* GOLD: Gold slid over 1% as fears of a closure of the Strait of
Hormuz drove oil prices sharply higher, reviving expectations of
elevated interest rates to combat inflationary pressures from
escalating hostilities in the Middle East.
* FTSE: London's FTSE 100 closed higher on Friday as
communications stocks took the lead, with Vodafone jumping after
French tycoon Xavier Niel became the company's biggest
shareholder, though the index suffered a weekly fall.
* UK CORPORATE DIARY:
Pagegroup ( MPGPF ) Q2 Trading Update
Oxford Nanopore ( ONTTF ) HY Trading Update
Grafton Group Trading Update
* For more on the factors affecting European stocks, please
click on:
TODAY'S UK PAPERS
> Financial Times
> Other business headlines
(Compiled by Neeshita Beura in Bengaluru)