65
Markets20h 14m ago

Oil prices surged past $90 per barrel, contributing to a dip in Asian share markets and stoking inflation fears.

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Gulf

Who
Federal Reserve
What
Oil prices surged past $90 per barrel, contributing to a dip in Asian share markets and stoking inflation fears.
When
Mon, 20 Jul 2026 02:13:11 GMT · 20h 14m ago
Where
Gulf ·
Why
Rising tensions in the Gulf region led to an increase in oil prices.
The Frontline Impact

How this affects you

The surge in oil prices beyond $90 has heightened inflation concerns and negatively impacted Asian share markets. This event occurs amidst a week focused on major tech earnings and Federal Reserve considerations regarding interest rates.

Story chain

5 events in this thread
  1. Markets19h 43m ago
    International gold prices slipped as Middle East tensions pushed crude oil prices higher, influencing investor sentiment in gold and silver markets.
    Open article
  2. Currently Reading20h 14m ago
    Oil prices surged past $90 per barrel, contributing to a dip in Asian share markets and stoking inflation fears.
  3. Markets20h 33m ago
    Refiners Petron Malaysia Refining & Marketing Bhd and Hengyuan Refining Co Bhd were among the top gainers on Bursa Malaysia in early trade on Monday, tracking a rally in oil prices amid escalating tensions in the Middle East.
    Open article
  4. Markets20h 46m ago
    Brent crude futures surpassed ninety dollars a barrel, reaching recent highs due to intensified attacks in the Middle East.
    Open article
  5. Markets22h 27m ago
    Brent crude surged more than 2 per cent to trade above USD 90 a barrel.
    Open article

Verified Sources & Citations