FTSE 250 movers: Oil stocks slip as Iran peace hopes rise

12th Jun 2026 13:26

(Sharecast News) - FTSE 250 (MCX) 23,276.30 1.33%

Diversified Energy, Harbour Energy, Energean and Ithaca both fell in line with weaker oil prices after US President Donald Trump claimed a peace deal with Iran could be agreed by the weekend. However, Tehran insisted it had not reached a final decision on an agreement.

Defence company Qinetiq also fell as peace hopes rose. Wizz Air gained on the prospect of lower fuel costs and rotes re-opening to the region.

FTSE 250 - Risers

Ceres Power Holdings (CWR) 599.00p 7.71%

Hochschild Mining (HOC) 527.00p 5.95%

SSP Group (SSPG) 170.50p 5.55%

Edinburgh Worldwide Inv Trust (EWI) 285.00p 5.17%

TBC Bank Group (TBCG) 4,532.00p 4.96%

BlackRock World Mining Trust (BRWM) 975.00p 4.95%

Great Portland Estates (GPE) 324.60p 4.76%

Pan African Resources (PAF) 107.90p 4.75%

Allianz Technology Trust (ATT) 721.00p 4.49%

Pacific Horizon Inv Trust (PHI) 1,124.00p 4.46%

FTSE 250 - Fallers

Diversified Energy Company (DI) (DEC) 1,034.00p -3.19%

QinetiQ Group (QQ.) 473.60p -2.03%

Harbour Energy (HBR) 263.00p -1.95%

C&C Group (CDI) (CCR) 93.70p -1.89%

Aston Martin Lagonda Global Holdings (AML) 40.74p -1.78%

Ithaca Energy (ITH) 248.30p -1.78%

Oxford Nanopore Technologies (ONT) 117.60p -1.67%

Oxford Biomedica (OXB) 598.00p -1.64%

Chemring Group (CHG) 524.50p -1.41%

Energean (ENOG) 741.50p -1.33%