Stock markets plunge after oil surges over $100 a barrel – business live

Stock markets plunge after oil surges over $100 a barrel – business live - short news


Rolling coverage of the latest economic and financial news, with oil on track for its biggest daily jump since 2020

Iran war drives oil prices above $100 a barrel for first time since 2022

Japan’s prime minister has said her country will consider steps to cushion the economic blow from rising fuel costs caused by the conflict in the Middle East including curbing gasoline prices.

Prime minister Sanae Takaichi told the Tokyo parliament:

“Many people are worried..


Read more on The Guardian

source: The Guardian - 09.03.2026

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