🔴 Rolls-Royce is trading 4.34% down today as oil prices and Middle East tensions weigh

Rolls-Royce is trading at £1269.80, with a -4.34% change, amid broad risk-off sentiment linked to rising oil prices and Middle East tensions.

• The FTSE 100 was down 0.4% at lunchtime.
• No company-specific negative catalyst surfaced. Berenberg raised its target price to 1,900p on October 22, a positive analyst development, not an explanation for the decline.