FTSE 100 Live: Stocks to drop after oil reaches $100 on Red Sea strikes

City AM City AM —

Welcome back to City AM's FTSE 100 live blog (AP/PA Images)https://www.cityam.com/wp-content/uploads/2026/07/Trump.jpg?w=1107" />

Welcome back to the City AM FTSE 100 liveblog.

Oil hit a two-month high on Thursday, after reaching $100 for the first time since May.

Brent crude oil prices surged following attacks by the Houthis, an Iran-backed militia based in Yemen, on two Saudi Arabian tankers.

The recent surge in energy pricing has brought markets back to https://www.cityam.com/ftse-100-live-stocks-to-drop-after-oil-reaches-100-on-red-sea-strikes/">[...]

Read full article at City AM →