Story perspectives
FTSE 100 Rises Amid Middle East Tensions, Oil Prices Surge
3/4/2026
1 of 1
Story summary
- The FTSE 100 rose 0.2% as tensions in the Middle East persisted, with its defensive profile aided by revenue from foreign currencies and a weaker pound.
- The U.K. remains vulnerable to rising energy prices, with natural gas futures spiking 40% after QatarEnergy suspended production.
- The FTSE 250 dropped 3% on losses in Vistry Group.
- Oil prices rose amid the conflict, fueling inflation concerns and potentially affecting interest rate policies.
