The UK stock market's benchmark index FTSE 100 fell on Monday as stocks shed ground amid concerns about escalating geopolitical tensions following Israel and Iran exchanging missile strikes.
Oil prices rose sharply, with Brent crude climbing past $98 a barrel. Despite easing to around $97.17, the contract was down nearly 4.5% from previous close.
The FTSE 100, which dropped to 10,305.00 earlier in the session, was up 6.84 points or 0.07% at 10,374.89 about half an hour before noon.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.