FTSE 100 Turns Weak After Long Winning Streak, Sheds Nearly 1%

U.K. stocks fell on Thursday, snapping an eight-session winning streak, as the mood turned a bit bearish amid concerns over escalating tensions in the Middle East following fresh strikes by the U.S. on Iranian targets, and retaliatory action by Tehran.

Also, higher oil prices stoked inflation concerns, raising the possibility of interest rate hikes by major central banks. Brent crude futures climbed to $95.98 a barrel before easing to around $94.00, still up nearly 2% from previous close.