Brent crude hits seven-month high as Middle East tensions send Saudi stocks down 5%
Brent crude reached its highest price since July following US-Iran military escalation, while Saudi Arabia's Tadawul Index opened 5% lower. The S&P 500 posted its biggest monthly loss since March as Treasury yields fell to 2022 levels, demonstrating the inverse correlation between energy commodities and regional equity markets during conflict escalation.
ViaNews Editorial Team (Europe)•