FTSE 100 Live: Stocks to drop as oil higher after Saudi drone attack

North Sea oil terminal with storage tanks and docking facilities under a clear sky, highlighting energy infrastructure.

Welcome back to the FTSE 100 liveblog.

London’s blue-chip index is set to slide this morning after a shaky week for trading.

Oil pressures have climbed higher after a drone attack on Saudi Aramco’s Shaybah oil field killed two people. The incident renewed tensions in the Middle East and heightened concerns over further disruptions to energy supplies.

Brent crude – the international benchmark for oil prices – was trading above $111 on Thursday morning reversing any losses from earlier in the week.

The uncertainty in the Gulf put Asian stocks on a struggling foot, even as tech earnings provided some optimism provided.

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Original source FTSE 100 Live: Stocks to drop as oil higher after Saudi drone attack

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