FTSE 100 Tumbles as Oil Prices Breach $100 Threshold

The sudden market reversal marks the steepest single-day drop for both indexes throughout the month. Investors reacted to a volatile combination of rising government bond yields and renewed instability in the Middle East, which continues to threaten global energy supply chains. This downturn underscores a fragile investor confidence, as market participants grapple with the direct economic consequences of escalating regional tensions. The shift away from equities reflects a broader flight toward safety as the energy sector uncertainty weighs heavily on major financial benchmarks.