UPDATE 1-London's FTSE 100 breaks six-day losing streak on energy boost

UK's FTSE 100 edged higher on Tuesday, ​snapping a six-day losing streak, as ​energystocks got a boost from BP's stronger-than-expected ‌first-quarter ​profit and higher crude prices due to persistent geopolitical tensions. The blue-chip FTSE 100 index closed 0.1% higher at 10,332.79 points, while the midcap FTSE ‌250 slipped 0.8%, down for a fourth day in a row.

UK's FTSE 100 edged higher on Tuesday, ​snapping a six-day losing streak, as ​energystocks got a boost from BP's stronger-than-expected ‌first-quarter ​profit and higher crude prices due to persistent geopolitical tensions.

The blue-chip FTSE 100 index closed 0.1% higher at 10,332.79 points, while the midcap FTSE ‌250 slipped 0.8%, down for a fourth day in a row. * BP shares rose 1.1% after its first-quarter profit more than doubled year-on-year. Rival Shell also added 1.1%, with both offering the biggest boost to the ‌blue-chip index.

* Tullow Oil surged 11.4% after the West Africa-focused independent oil and gas producer forecast annual oil ‌production to come in at the higher end of its outlook range after a strong start to the year. * Further aiding energy stocks' advance was an extended rally in crude prices as the stand-off in the U.S.-Iran war persisted.

* Lender Barclays ⁠lost 0.2% ​after reporting a smaller-than-expected share ⁠buyback and a hefty provision linked to the collapse of lender MFS. * Attention later this week will turn to the ⁠Bank of England's policy decision, where the central bank is expected to keep rates on hold, with investors watching ​for any signs of it moving towards raising rates later in the year.

* Persistent worries about ⁠the inflationary impact of the Iran war pushed government bond yields higher across Europe, with the UK's 10-year gilt yield briefly ⁠hitting ​5% and clocking its highest closing level since 2008. * Britain's heavy reliance on natural gas has led investors to see its economy as especially vulnerable to the war-fuelled jump in energy prices. The ⁠FTSE 100 is down more than 5% from its late-February record high.

* Domestic politics was also on the ⁠radar, with British Prime ⁠Minister Keir Starmer's one-time closest aide, Morgan McSweeney, backing his former boss by taking responsibility for promoting the "wrong" appointment of Labour veteran Peter Mandelson as ambassador to ‌Washington.