United Kingdom: FTSE 100 Falls from Record.

The FTSE 100 fell more than 0.5% on Thursday after closing at a record high on Wednesday as rising geopolitical tensions in the Middle East pushed oil prices higher and lifted perceived inflation risks. Defence and energy stocks gained amid the US Iran standoff, while mining and banking shares weighed on the index. Centrica dropped over 4% after reporting no new share buyback and unchanged guidance. Rio Tinto fell 4% after reporting flat full year profit, leading miners lower. Anglo American and Antofagasta fell 3% each.Banks also declined with Barclays down 4% and others including Lloyds Banking Group, NatWest and HSBC Holdings all lower. On the other hand, energy names Shell and BP rose, alongside BAT, Relx and BAE Systems. Mondi rose nearly 1.6% despite lower 2025 profit and expected 2026 maintenance impacts.