Daily Mail

STOCK WATCH

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SHARES in energy company Serica climbed after it moved closer to buying three key North Sea gas fields from BP.

It is buying Bruce, Keith and Rhum. But uncertaint­y surrounds the deal after President Trump slapped sanctions on Iran – as Rhum is co-owned by the Iranian Oil company.

The US agreed to approve the sale, as long as any money paid to Iranian Oil is held by a third party for as long as the sanctions are in place.

Serica’s shares rocketed 42.9pc, or 33p, to 110p.

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