Branch2 Intelligence
FTSE 100 Live: Stocks flat as Trump threatens to ‘finish the job’ in Iran; Oil creeps above $72
Key takeaway
Trump threatens Iran, Brent crude jumps above $72/barrel, raising UK SME input costs.
- Step 11st-order: Trump threatens Iran, geopolitical risk premium lifts Brent crude above $72/barrel.
- Step 22nd-order: Higher crude prices pass through to UK wholesale diesel and heating oil, raising transport and manufacturing costs for SMEs.
- Step 33rd-order: UK SMEs with high energy exposure face margin compression; oil producers and energy suppliers benefit from higher revenues.
Source: City A.M.
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