{
  "id": 4792581,
  "title": "FTSE 100 Live: Stocks to fall; Oil jumps as Trump vows more strikes on Iran",
  "url": "https://urgent.news/2026/09/01/ftse-100-live-stocks-to-fall-oil-jumps-as-trump-vows-more-strikes-on",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T05:22:17.000Z",
  "source": {
    "name": "City AM",
    "slug": "city-am",
    "url": "https://www.cityam.com/ftse-100-live-stocks-to-fall-oil-jumps-as-trump-vows-more-strikes-on-iran/"
  },
  "original_language": "en",
  "account": "Welcome back to the City AM liveblog. Stocks on the FTSE 100 are expected to fall as tensions in the Middle East rise, causing oil prices to climb. Brent crude, the international benchmark for oil, jumped above $91 per barrel on Tuesday, continuing its upward trend from the previous session. This increase occurred due to the resumption of strike action in the region, which raised concerns about potential further disruptions to energy flows. The US had previously launched strikes targeting Iranian rocket launchers that were preparing to lay mines in the Strait of Hormuz, marking the first exchange of fire in over a month. In response, Iran targeted US military bases in Jordan and the United Arab Emirates. Achilleas Georgolopoulos, a senior market analyst at Trading Point, noted that fresh military operations were pushing the oil price higher. However, he added that the rally lacked the momentum needed to surpass previous highs seen during the conflict. While the events were anticipated, hopes for progress in the US-Oman-Iran negotiations had clearly suffered a setback, according to Georgolopoulos. The White House had signaled a shift towards economic sanctions to weaken the Iranian economy, but President Trump has suggested that military action is once again a possibility following Iran's retaliatory measures. Trump stated during an appearance on Fox News that the US would \"hit them hard\" and that \"there will be a response.\" He also characterized Iran as an \"officially failed nation without an airforce, a navy or a currency.\" Throughout the morning, the liveblog will provide the latest market updates and analysis.",
  "summary": "Welcome back to the City AM liveblog. The London market is returning from the Bank Holiday break to an expected fall as tensions in the Middle East are simmering over again leading to the price of oil moving higher. Brent crude – the international benchmark for oil prices – climbed over $91 per barrel on [...]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Malay Mail",
        "title": "Oil climbs as stocks slide on fresh Trump warning over Iran",
        "url": "https://urgent.news/2026/09/01/oil-climbs-as-stocks-slide-on-fresh-trump-warning-over-iran",
        "published": "2026-09-01T02:59:15.000Z"
      },
      {
        "outlet": "Channel News Asia",
        "title": "Oil extends gains, stocks drop as Trump issues fresh Iran warning",
        "url": "https://urgent.news/2026/09/01/oil-extends-gains-stocks-drop-as-trump-issues-fresh-iran-warning",
        "published": "2026-09-01T03:16:00.000Z"
      }
    ]
  },
  "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."
}