Brent Crude Surges Past $100 as Global Markets Plummet

The global market saw a downturn on September 9, 2026, as stocks declined across various indices. The price of Brent oil surged past $100 per barrel, while WTI reached its highest level in three months.

Oil prices increased by 50% compared to the same period last year, causing fuel prices to skyrocket. Gasoline prices in the United States exceeded $4 per gallon, while diesel fuel set a record at $5.94 per gallon.

The European stock indices plummeted by 1.4%, hitting their monthly low. In contrast, the South Korean stock market rose by 1.3%.