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Global Equities Show Mixed Performance, US Futures Decline as Brent Crude Exceeds $100
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Global Markets Mixed: Oil Prices Volatile, US Futures Slip Amid Iran War Concerns
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News18
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17-03-2026, 14:30
Global Markets Mixed: Oil Prices Volatile, US Futures Slip Amid Iran War Concerns
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World shares show mixed performance; US futures decline as Brent crude hovers above USD 100 per barrel.
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Oil prices remain volatile; Brent crude climbed nearly 4% to USD 104.13, while US benchmark crude reached USD 97.53.
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Asian markets saw varied results: Tokyo's Nikkei 225 slipped, Kospi jumped, Hang Seng added, and Shanghai Composite dropped.
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Australia's S&P/ASX 200 gained after the Reserve Bank of Australia hiked its benchmark interest rate to 4.1% due to inflation.
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Uncertainty from the Iran war, particularly the Strait of Hormuz closure, continues to impact financial markets and oil prices.
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