UK house prices rise in June despite ‘wider economic uncertainty’; oil prices up after attack on tanker in strait of Hormuz - business live

Jul 07, 2026 - 08:00
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UK house prices rise in June despite ‘wider economic uncertainty’; oil prices up after attack on tanker in strait of Hormuz - business live

Rolling coverage of the latest economic and financial news

Another reason Shell’s shares are rising today – it has agreed to sell its fuel supply business in South Africa to UAE’s state energy company, Adnoc Distribution.

The $1bn (£750m) deal covers 580 service stations and other operations and is expected to close next year, Adnoc said.

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