Oil spikes to near $120, dragging global stocks lower
TL;DR Summary
Global stock markets slid as tensions with Iran fueled a sharp oil rally, with crude prices jumping past $110 a barrel and moving toward $120, prompting risk-off selling across major markets.
- World shares tumble as Iran war pushes crude prices over $110 a barrel AP News
- Japan's Nikkei 225 share index falls more than 6% as oil soars over $100 a barrel Yahoo Finance
- Japan Stock Fear Gauges Soar as Oil Spike Upends Bull Scenario Bloomberg
- Japan stocks drop more than 7% as crude oil surges past $100 Nikkei Asia
- Nikkei 225 declines 7% as oil breaks $115 a barrel The Japan Times
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