FTSE 100 Live: UK Stock Futures Slide as Oil Keeps $100 in Sight

UK stock futures and the FTSE 100 are retreating as oil prices move closer to the $100 mark. This market slide is driven by recent strikes in the Gulf region, which have pushed energy costs upward. Investors are reacting to the geopolitical instability, causing a downturn in equity markets while oil remains in sight of the critical $100 threshold. The current trend reflects a broader shift in market sentiment due to escalating tensions in the Gulf.