The UK stock market’s benchmark index FTSE 100, which climbed into positive territory after a weak start, slipped below the flat line a few minutes before noon on Thursday.

Brent crude climbed to $107.11, gaining about 2% and stoking inflation fears amid escalating US-Iran tensions. President Donald Trump, who said negotiations were in the “final stages,” threatened renewed attacks if Iran rejected his terms.

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FTSE 100 Drifts Lower On Higher Oil Prices, Weak PMI Data

2026-05-21 11:29:58

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