Brent Oil Surpasses $100 per Barrel Amid Middle East Tensions; Tesla and Alphabet Drag Down U.S. Markets
Rising tensions in the Middle East pushed Brent crude oil above $100 per barrel, while sharp declines in shares of Alphabet (GOOG) and Tesla (TSLA) led to significant losses on Wall Street. The S&P 500 fell by 1.2%, marking its first back-to-back weekly loss since March.
Topics: Brent crude oil inflation concerns Middle East conflict stock market decline