Oil Spike & Energy Debt Squeeze: FTSE Rises as Households Face £6bn Debt Crisis

• FTSE 100: Opened up as oil pressure eased, but rotation away from defensive stocks continues
• Brent Crude: Jumped to $90 before pulling back; Middle East negotiations remain murky
• Household Energy Debt: Soared to record £6bn, set to hit £7bn by year-end
• Petrol Prices: Hit 161.6p/litre — highest since 2022

The Checkup

The FTSE 100 staged a morning rebound after a bruising session, with futures pointing higher as some oil market pressures eased. The...