British Airways owner IAG sees stock price plummet as FTSE 100 falls in wake of Iran strikes

The FTSE 100 has suffered a drop of more than 1 per cent on Monday, as stock markets around the world react to strikes on Iran by the US and the ensuing crisis across the Middle East.

While the prices of oil and gold have both gone up, stock markets are heading in the opposite direction as investors weigh the uncertainty and risk around businesses of different types.