FTSE 100 Rises Amid Oil and Gold Surge, Iran Tensions

The UK's FTSE 100 index rose by 0.5% on Tuesday, driven by gains in the energy sector amid tensions in the Middle East after reports of Iran planning an attack on Israel. Conversely, the FTSE 250 index fell by 0.7%. Oil and gold prices surged, while the pound weakened against the U.S. dollar.

The UK's benchmark FTSE 100 climbed by 0.5% on Tuesday, primarily fueled by surges in energy stocks amid escalating Middle East tensions following reports of Iran planning an attack on Israel.

Meanwhile, the FTSE 250 index, which is more focused on the domestic market, dropped 0.7%. Global stocks generally slid, but oil prices jumped after early losses, spurred by U.S. indications of an imminent Iranian ballistic missile attack against Israel.

The energy sector's oil and gas index posted its best day in two months, rising by 2.2%. The precious metal miners index also saw gains, increasing by 1.9% as demand for gold surged. In contrast, the personal goods index fell 3.6%, largely due to a 4.1% slump in Burberry shares after price target reductions by brokerages.

(With inputs from agencies.)