India, June 3 -- The UK stock market's benchmark index FTSE 100 was down in negative territory a little past noon on Wednesday, as stocks fell amid concerns about tensions in the Middle East following fresh strikes by Iran and retaliatory action by the U.S. in the Gulf region.
Brent crude prices climbed to about $99 a barrel, rising 3%, on concerns about supply disruptions, raising fears of inflation and interest rate hikes.
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