Stock Market Plummets in Response to Surging Oil Price and Inflation Fear

Friday, 5 April 2024, 12:44

The stock market experienced a significant decline as the soaring oil price raised concerns about inflation. European equities followed the trend set by Wall Street, reacting to Brent crude surpassing $90 a barrel due to escalating tensions in the Middle East. Investors are becoming increasingly worried about the potential impact of these developments on the global economy.
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Stock Market Plummets in Response to Surging Oil Price and Inflation Fear

Stocks Fall as Oil Price Jump Fans Inflation Worries

European equities follow Wall Street lower as Middle East tensions drive Brent crude above $90 a barrel.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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