FTSE 100 outperforms as oil price heads lower

Oil prices edged lower despite US Treasury Secretary Scott Bessent declaring that an ‘economic D-Day’ had begun against Iran (Brian Lawless/PA) - (PA Wire)

The FTSE 100 closed higher in London on Monday, outperforming European peers, as oil prices edged lower and investors looked ahead to key events in the US later this week.

The FTSE 100 index closed up 37.76 points, 0.4%, at 10,854.32. The FTSE 250 ended down slightly at 24,717.48, and the AIM All-Share closed up 2.08 points, 0.3%, at 814.04.