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Middle East conflict sees banks' share prices surge by up to 2%
The Journal
|June 17, 2025
SHARES in the FTSE 100's leading banks experienced a rise yesterday, as escalating conflict in the Middle East sparked inflation concerns.
Barclays and Natwest saw an increase of nearly 2%, while Lloyds rose over 1% during early trading, as oil prices climbed another1% to $74.90 a barrel.
This comes after a surge of over 9% on Friday following Israel's strikes on Iran's nuclear programme. Attacks have continued in recent days.
Standard Chartered, meanwhile, secured second place among the index's risers, jumping nearly 3%.
The bank's gains were bolstered by easing trade tensions between the US and China, with rising inflation fears due to oil prices providing an additional boost.
This story is from the June 17, 2025 edition of The Journal.
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