Report
Oil Prices Spike Amid Middle East Tensions
A commenter replying to FT said Brent crude jumped above $113 on fears of renewed US-Israeli strikes on Iran.
TLDR
FT reports that surging oil prices sparked a global equity sell-off on October 22, as Middle East conflict and eurozone debt worries rattled markets. A commenter replying to FT said Brent rose above $113 on fears of renewed US-Israeli strikes on Iran. The commenter also said the Nasdaq fell 2.6% and Meta slid 7% after earnings amid doubts about how AI spending would be funded.
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