UK Stock Market Today: FTSE 100 Falls as Oil Spike Lifts Energy Shares, Hits Travel Stocks
Britain’s FTSE 100 dropped 0.6% to around 10,606 on Monday as U.S.-Iran tensions pushed Brent crude up $5.51 to $95.89 a barrel. Energy shares rose 1.9%, but travel and leisure stocks fell 2% and banks lost 1.8%. The index had closed up 0.7% on Friday after a brief easing of tensions. UK 10-year yields rose about 4 basis points.