FTSE 100 set for modest gains; oil prices rise after Middle East strikes
UKPulse Markets Desk
The FTSE 100 is anticipated to open with modest gains on Wednesday, following a flat close on Tuesday. Oil prices are increasing after Houthi rebels reportedly fired missiles towards Saudi Aramco headquarters.
- The FTSE 100 is expected to see modest gains on Wednesday morning.
- The blue-chip index closed flat on Tuesday.
- Oil prices are rising after Houthi rebels reportedly fired missiles towards Saudi Aramco headquarters, following Saudi Arabian strikes on Yemeni oil depots.
The FTSE 100 is projected to open with modest gains this Wednesday morning. This follows the blue-chip index finishing flat on Tuesday, despite having been in positive territory for most of the day.
Oil prices are increasing today after Iran-backed Houthi rebels reportedly fired missiles towards the headquarters of Saudi Aramco, the state-owned oil company. This occurred after Saudi Arabia had struck Yemeni oil depots earlier in the night.