Brent Oil Tops $115 at Five-Month High on Demand Amid Middle East Conflict and Mixed Market Reaction
Brent crude hit a five-month high, rising above $115 per barrel amid the Middle East conflict, speculation about possible new US and Israeli strikes, and growing winter energy demand. Global stock markets reacted differently: US and European indices declined, while Asian markets closed mixed. Pressure on equities came from weak earnings reports by Kering and Volvo Cars, as well as doubts about the sustainability of AI spending.
Sevara Azamova