Market news: Britain said that its agreement to allow the US military to use its own bases only applies to defensive operations against missile positions and combat equipment associated with the attack on ships in the Strait of Hormuz. The British government said the move was intended to protect its own people and allies while preventing further escalation of the conflict.

Market news: Britain said that its agreement to allow the US military to use its own bases only applies to defensive operations against missile positions and combat equipment associated with the attack on ships in the Strait of Hormuz. The British government said the move was intended to protect its own people and allies while preventing further escalation of the conflict.