85FINANCE
⚡ Markets: The move towards $100 oil tightens financial conditions globally, complicates central bank inflation fights, and weighs on consumer spending and corporate margins. Increases risk-off sentiment.BrentWTIS&P 500Gold
Brent crude futures surged to near $100 per barrel, the highest level since mid-2024, driven by fears of widespread supply disruption following direct US-Iran military clashes and Houthi attacks on Saudi oil facilities. The spike fueled inflation concerns, sending global equity markets lower.
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