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Middle East conflict sees banks' share prices surge by up to 2%
Paisley Daily Express
|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.
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