Oil Rally Sends FTSE 100 Lower As London Stalls
FTSE 100 drops at the open Thursday, snapping its eight-session rally as renewed gains in oil and new Middle East military news rattled London investors out of the recent surge.

National Grid plc shares traded around 1,242 pence on Tuesday ahead of its 11:00 BST annual meeting, where shareholders are due to adopt updated articles carrying a £70 billion group borrowing limit, up from £55 billion. The higher ceiling was approved at the 2025 AGM, so Tuesday’s resolution implements an earlier vote rather than unveiling fresh financing.
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