{
  "id": 13959444,
  "title": "FTSE 100 today: Stocks rise as banks lead despite Gulf tension, oil rebound",
  "url": "https://urgent.news/2026/10/12/ftse-100-today-stocks-rise-as-banks-lead-despite-gulf-tension-oil",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-12T13:06:11.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/stock-market-news/ftse-100-today-stocks-rise-as-oil-slips-despite-riyadh-airport-attacks-4943357"
  },
  "original_language": "en",
  "account": "On Monday, British stocks experienced a rise in the FTSE 100, with banks leading the gains. Despite concerns surrounding escalating Middle East tensions, oil prices rebounded. The FTSE 100 increased by 0.70%, while Germany's DAX climbed by 0.67% and France's CAC 40 added 0.27%. The British pound remained steady at $1.3233. Standard Chartered led the banking sector gains, surging by 1.84%, followed by HSBC, Lloyds, Barclays, and NatWest, which increased by 1.34% to 1.83%. Prime Minister Andy Burnham accused Russia of interfering in the 2016 Brexit vote, a claim his office later denied, stating that Moscow did not influence the outcome and that Brexit was legitimate. Junior Foreign Office Minister Stephen Doughty and Reform UK leader Nigel Farage expressed differing opinions on the matter. Meanwhile, OPEC reduced its 2026 oil demand growth forecast to 400,000 barrels per day from the initially projected 1.4 million barrels. Saudi Aramco CEO Amin Nasser cautioned about the \"serious\" impact of the current oil squeeze, calling for continued pressure until the Strait of Hormuz is fully reopened. The kingdom vowed to respond to the recent Houthi attacks in equally serious terms. Saudi Energy Minister Prince Abdulaziz bin Salman emphasized the seriousness of the response to the attacks, which resulted in one death and 11 injuries at Riyadh's King Khalid airport on Sunday, and 13 deaths and over 300 injuries during the previous strike. In response to the threats, Australia, New Zealand, and other nations joined the U.S. in issuing travel warnings for Saudi Arabia. President Trump suggested that the U.S. might join the Saudi strikes on the Houthis. Iran's security chief warned that data centers and cables in the Gulf could be targeted if the conflict resumes, suggesting that Tehran had accepted some but not all of Washington's seven conditions for reopening the Strait of Hormuz. Gold prices declined slightly, while Brent crude futures rose by 1.86% to $106.68 a barrel, reversing earlier losses.",
  "summary": null,
  "key_points": [
    "FTSE 100 rises 0.70% as banks lead, despite Gulf tensions",
    "Oil prices rebound, Brent crude up 1.86% to $106.68/barrel",
    "Saudi Arabia vows response to Houthi attacks, threatens Gulf data centers"
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}