Commodities & Energy
European indices drop as Brent crude hits $100 amid Middle East tensions
European stock markets closed lower Wednesday as oil prices surged past the psychological barrier, reigniting inflation fears ahead of key U.S. data and an upcoming ECB decision.
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Turkey to drill oil well in western Black Sea soon, exports hit record $82.4 billion in August
Turkiye Energy Minister Alparslan Bayraktar announced plans for immediate drilling in the western Black Sea, while Taiwan's exports surged 41% to a monthly high of $82.4 billion.
Brent crude futures hit $100.07 per barrel amid escalating US-Iran conflict
Oil prices surged as US Central Command claimed to destroy five Iranian tankers following missile attacks on American warships.
Oil prices breach $100 a barrel as Gulf clashes escalate
Brent crude futures surged past $100 per barrel following mutual claims of strikes on vessels and missile attacks in the Middle East, while European stocks fell sharply.
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