The UK market's equity benchmark FTSE 100 slipped on Monday as rising oil prices amid growing tensions between the U.S.-Iran triggered inflation and rate concerns, prompting investors to exit counters.
Middle East tensions rose following Iran rejecting participation in a second round of peace talks with the U.S., citing Washington's excessive demands, constant shift in stance, contradictions and continuing naval blockade.
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Market Analysis
April 17, 2026 15:29 ET The ongoing conflict in the Middle East continues to raise concerns for policymakers who worry about the impact of the supply shock and high energy prices on the real economy. Producer price data and various survey results on the housing market were the main news from the U.S. this week. In Europe, industrial production data for the euro area gained attention. GDP figures out of China and the policy move by the Singapore central bank were in focus in Asia.