STOCK WATCH
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.