Global Equities Fall Amid Brent Crude Surge Past $100

Global equities were largely lower in cautious trading on Wednesday as investors anxiously awaited potential interest rate decisions and Brent crude oil prices surged past $100 a barrel due to tensions with Iran.

The price of Brent crude oil has surpassed the psychological barrier of $100, reaching its highest level since 2014. This has contributed to increased concerns about inflation and the potential impact on economies worldwide.

Investors are also keeping a close eye on interest rate decisions, as central banks around the world continue to navigate the delicate balance between fighting inflation and supporting economic growth.