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US oil jumps above $100 and stock futures slump
Amid the escalating U.S.-Iran conflict, crude oil prices in the U.S. have surged past one hundred dollars, leading to marked increases in global oil benchmarks that ripple through international markets. This surge coincides with a decline in U.S. stock futures, attributed to rising wholesale inflation in August. Meanwhile, the European Central Bank has raised its key interest rate to address mounting inflation, directly affecting household budgets and shipping costs.
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cryptobriefing.com
US stocks fall as Iran tensions drive oil prices near $99
US stocks decline as Iran tensions push oil prices near $99. New all-time high for crude oil by December 31 at 10.5% YES.
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cnbc.com
Brent crude tops $100 for first time since July as fighting escalates in Persian Gulf
Oil prices extended gains on Wednesday as escalating tensions between the U.S. and Iran fueled concerns over further disruptions to Middle East energy supplies.
