It was another difficult day for blue chips with the events in Iraq and Ukraine weighing heavy.
The FTSE 100 was 22 points lower at 6,574 with all eyes again towards Wall Street to see how it responds to the promise of limited military action in Iraq by the US.
Best performers were those companies UK focused and with little exposure to Europe or the Middle East.
Away from Footsie, it was geopolitical events that dominated.
Gulf Keystone (LON:GKP) endured a rollercoaster day as Islamic militants advance on northern Iraqi towns and cities.
US President Barack Obama says he has authorised air strikes on Islamic State (IS) fighters to prevent the slaughter of minorities.
IS has already seized Mosul which is just down the road from Kurdistan’s capital, Erbil, where Gulf Keystone is based.
Its flagship Shaikan oilfield, meanwhile, is just 85km to the north-west of Erbil.
Yesterday, the group admitted it had firmed up security around its operations, but insisted production and operations remain safe and secure.
“While there is no immediate threat to any of the company's operations in the region, we continue to monitor the situation closely and operate with increased security as a precaution,” it said in a statement, which helped the shares rally.
Its shares fell 2% today to 803p, but there was after a rally following a statement declaring that the Taq Taq and Tawke fields are unaffected by the turbulence.
The oil group has suspended output at its Barda Rash oilfield in Kurdistan, the first field to shut in the region as Islamist militants move closer. Its shares fell 2% to 97.7p on Friday.
It was not just the mid-tier oil groups that were affected by the news however.
News that drilling will start soon helped shares in Botswana Diamonds (LON:BOD) higher. The company confirmed a drill programme will kick off in the third week of September on its licence in Botswana. Shares rose 10% to 2.62p.
The US$3.75mln is payable in four tranches and will provide working capital and support the project's growth.