Branch2 Intelligence
FTSE 100 Live: Stocks to fall as oil jumps after US ‘powerful strikes’ on Iran
Key takeaway
US strikes on Iran trigger oil price spike and global risk-off
- Step 1US launches strikes on Iran, escalating Middle East conflict
- Step 2Oil prices spike as supply risk premium reprices Brent crude
- Step 3Global risk-off sentiment lifts safe-haven assets, UK gilt yields rise
- Step 4UK SMEs face higher fuel costs and wider credit spreads
Source: City A.M.
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