Crude Pushes Towards $100 on Mideast Flare-up, Fanning Inflation Fears
Brent crude rose 2.13% to $99.07 a barrel as the Dow, S&P 500 and Nasdaq fell on inflation worries, traders said.
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10 Articles
Crude pushes towards $100 on Mideast flare-up, fanning inflation fears
With the US-Iran conflict now in its seventh month and showing no sign of calming despite White House claims of an imminent deal, investors are growing increasingly anxious that the Federal Reserve will have to hike interest rates to cap surging consumer prices. The two foes are locked in a stalemate six months into the war, with Tehran maintaining a stranglehold on the Strait of Hormuz, a vital shipping route for the world's oil and gas, and Wa…
Brent tests $100 with tension between the US and Iran; NY futures oscillate and inflation back to investors' radar
U.S. stocks retreated sharply as oil approached $100 per barrel, Canada imposed new tariffs, and investors recalculated the odds of a rise in Federal Reserve rates. Copper reached historic peaks and some technology companies resisted, but the market was dominated by inflation, conflict in the Middle East, and trade uncertainty.
Tuesday, September 8, 2026.- LAST TIME MARKETS Oil rubs $100, Bessent enters bonds and the Fed threatens Wall Street Tension in the energy sector dominates the global markets after counts of attacks on oil facilities in the Middle East, pushing the barrel of oil and...
Brent rubs $100 and the WTI rises by more than 3% in the face of the fear of greater instability in the Middle East. The surge of crude re-launches the fear of inflation.
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