---
title: "FTSE 100 Set to Rise as Oil Falls on Iran Peace Hopes"
publisher: "Share Talk"
author: "sharetalk"
published: "2026-08-03T06:21:44+00:00"
modified: "2026-08-03T06:23:22+00:00"
date: 2026-08-03
canonical: "https://www.share-talk.com/ftse-100-set-to-rise-as-oil-falls-on-iran-peace-hopes/"
category: "Blogs"
categories: ["Blogs", "Business & Support Services", "Technology", "Technology, Media & Telecoms"]
tags: ["Asia", "Bangkok", "Denmark", "Endeavour Mining", "Fed", "Federal Reserve", "Finland", "FRANCE", "FTSE 100", "GERMANY", "Glencore", "Greenland plan", "Hong kong", "Japan", "London", "Manila", "mining stocks", "Mumbai", "Nasdaq Composite", "NATO alliance", "Netherlands", "Nikkei 225", "Norway", "S&P 500", "shanghai", "Singapore", "Sweden", "Sydney", "Taiwan", "UK", "United States", "Wall Street", "Wellington"]
image: "https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/01/Bull-v-bear-21st-dec-scaled.webp?fit=1200%2C594&quality=80&ssl=1"
format: "news"
language: "en-GB"
---

# FTSE 100 Set to Rise as Oil Falls on Iran Peace Hopes

**Published:** August 3, 2026
**Author:** sharetalk
**Categories:** Blogs, Business & Support Services, Technology, Technology, Media & Telecoms
**Tags:** Asia, Bangkok, Denmark, Endeavour Mining, Fed, Federal Reserve, Finland, FRANCE, FTSE 100, GERMANY, Glencore, Greenland plan, Hong kong, Japan, London, Manila, mining stocks, Mumbai, Nasdaq Composite, NATO alliance, Netherlands, Nikkei 225, Norway, S&P 500, shanghai, Singapore, Sweden, Sydney, Taiwan, UK, United States, Wall Street, Wellington
**Featured image:** ![](https://i0.wp.com/www.share-talk.com/wp-content/uploads/2026/01/Bull-v-bear-21st-dec-scaled.webp?fit=1200%2C594&quality=80&ssl=1)

---

The **FTSE 100** is expected to open higher on Monday, buoyed by renewed hopes for US-Iran diplomacy and a sharp fall in oil prices.

Futures point to London’s blue-chip index opening around **35 points higher at 10,900.95**, after ending Friday down 0.3% at **10,868.05**.

Brent crude has dropped to **US$83.32 a barrel**, from **US$90.12** on Friday, after US President Donald Trump said fresh negotiations with Iran will begin on Monday, raising hopes of easing tensions in the Middle East.

In corporate news, the **Financial Times** reported that **AstraZeneca** and **Bristol-Myers Squibb** have held discussions over a potential **US$400 billion merger**, which would rank among the largest pharmaceutical deals ever proposed.

Asian markets were mixed overnight. Japan’s **Nikkei 225** fell **1.2%** after the US and Japan jointly intervened to strengthen the yen, while weaker-than-expected Chinese manufacturing data weighed on sentiment. The **Shanghai Composite** fell **0.8%**, although Australia’s **S&P/ASX 200** edged **0.2%** higher.

Wall Street ended Friday on a positive note, with the **Dow Jones** gaining **0.5%**, the **S&P 500** rising **0.7%**, and the **Nasdaq** adding **1.0%**.

Investors will also be watching a busy day of manufacturing PMI releases across Europe, the UK and the US, while UK-listed companies **Senior**, **Clarkson** and **FDM Group** are due to report half-year results.

---

**Original URL:** https://www.share-talk.com/ftse-100-set-to-rise-as-oil-falls-on-iran-peace-hopes/
*Created by [WP Markdown Endpoint](https://wpmarkdownendpoint.com/)*