Notifications can be managed in browser preferences.
Stock markets latest updates and business news on Monday
I would like to be emailed about offers, events and updates from The Independent. Read our Privacy notice
The FTSE 100 ended last week on a flat note after a mixed week which saw UK inflation higher than expected, retail sales come in significantly lower for May and the Bank of England opt to hold interest rates at 4.25 per cent. All that came amid a backdrop of wider uncertainty over rising oil prices and the US’ involvement in an escalating Israel-Iran situation.
That came to a head across the weekend as President Trump launched multiple bunker-buster strikes on Iran’s nuclear facilities, with a key decision now over whether the nation closes the Strait of Hormuz, a key shipping route for oil.
