London, Sept 8, 2026 (AFP) - Oil prices jump, stocks drop as Mideast war flares

NAMPA / AFP
2026-09-08
World oil prices rallied Tuesday, once more closing in on $100 a barrel, and stock markets mostly retreated owing to a flare-up in the Middle East war. The yen spiked as investors ramped up bets on the Bank of Japan hiking interest rates, which dragged down stocks in Tokyo. "The rise in the oil price has spooked markets, and European equities are lower, along with US equity futures," said Kathleen Brooks, research director at XTB. "Japan's Nikkei......
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(Photo by: Chelva Wells) NAMPA

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