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European Commentary

FTSE 100 Modestly Lower As Middle East Tensions Continue To Weigh

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

U.K. stocks slipped on Friday, sliding for a fifth straight session, weighed down by lingering concerns about tensions in the Middle East. Shares from mining and banking sectors were among the notable losers around noon.

Iran has tightened its grip over the key Strait of Hormuz and U.S. President Donald Trump said he has ordered the Navy to "shoot and kill any boat" that is putting mines in the waters of the Strait of Hormuz.

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Market Analysis

Global Economics Weekly Update: April 20 – April 24, 2026

April 24, 2026 15:15 ET
Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.