On June 17th, according to Golden Jubilee Data, Pooja Kumra from TD Securities stated in a report that if oil prices fall sharply, this may lower investors' expectations for the Bank of England to raise interest rates in the coming months. According to data from the London Stock Exchange Group, the market is currently anticipating a cumulative 26 basis point rate hike by the Bank of England in 2026. After the peace agreement between the United States and Iran, Brent crude oil prices have fallen from around $95 per barrel a week ago to around $79.5 per barrel.