UK’s equity benchmark FTSE 100 is up marginally in positive territory a little past noon on Wednesday, gaining for a third straight day, as oil prices slipped amid easing concerns about supply disruptions. Shares from financial and travel sectors are finding support, while energy stocks are weak.
Oil prices have dropped following Iran reaching an agreement to resume exports via Turkey. Additionally, Iraqi and Kurdish authorities agreed to resume oil exports through Turkey’s Ceyhan port, offering some relief to investors worried about supply disruptions caused by the escalating U.S.-Israel war on Iran.
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Market Analysis
FTSE 100 Up Marginally; Diploma Soars After Lifting Earnings Guidance
2026-03-18 12:13:18
