Global stocks slide as Brent crude surpasses $100 a barrel

Investors eye inflation and central bank tightening as oil breaches the symbolic threshold once again.Published On 9 Sep 20269 Sep 2026Global stocks have come under pressure and Brent crude oil surpassed $100 a barrel as escalating fighting across the Middle East stokes fears of energy-driven inflation.The benchmark crude contract rose to $100.19 on Wednesday, its highest level since July 24, when a memorandum of understanding between the United States and Iran was in place, and its price was on the downswing.Recommended Stories list of 3 itemslist 1 of 3Yemen’s war is back: A new battle for Sanaa and the Red Sealist 2 of 3US, Iran engaged in tanker war: Where is the months-long conflict headed?list 3 of 3Saudi-Houthi fighting in Yemen escalates: What happened, and what’s next?end of listThe US military attacked five Iranian crude oil carriers overnight, with Iran retaliating with missile attacks on US forces in Jordan and attacks on shipping.US Secretary of State Marco Rubio said Washington would keep hitting Iranian oil tankers in response to attempted attacks on US warships.Wall Street’s three main stock indexes – the S&P, Dow and Nasdaq – each saw small losses. European sto...