FTSE 100 Falls on Tuesday

2026-04-07 15:45 By Agna Gabriel 1 min. read

The FTSE 100 fell more than 0.5% on Tuesday as a looming deadline set by US President Donald Trump on Iran kept markets on edge, with the president escalating threats and insisting the Strait of Hormuz must reopen as part of any agreement.

Trump warned that failure to comply by the deadline could trigger US strikes on key infrastructure, including bridges and power plants, intensifying concerns over the conflict’s trajectory.

The continued disruption to the vital shipping route has supported oil prices, lifting energy majors Shell (+0.4%) and BP (1.3%).

However, broader sentiment remained cautious, with AstraZeneca (-2.7%), GSK (-2.6%) and Rolls Royce (-3.6%) posting losses, while banks including HSBC (-0.4%), Lloyds (-1.9%) and Barclays (-0.8%) also edged lower.



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