FTSE 100 Set for Cautious Start Amid Rising Oil Prices

The UK stock market is heading into Monday's session with caution as investors weigh stronger Asian markets against rising oil prices and inflation concerns.

Rising tensions between the US and Iran have pushed Brent crude to near $97 a barrel, which could increase pressure on central banks to raise interest rates.

The FTSE 100 closed Friday at 10,831.09 and is likely to remain influenced by oil prices, which can support major oil producers but also increase costs for airlines, transport companies, manufacturers, and consumers.

The index has a significant exposure to energy, mining, and financial companies, making commodity prices and global economic trends crucial for its performance.