Oil prices rise, global stock markets fall back
2026-08-15 00:27:40
According to CoinMeta, and as reported by Reuters, on August 14, stock markets in the United States and Europe declined, while oil prices rose, with the market focusing on the tense situation surrounding U.S.-Iran negotiations. The United States threatened to increase economic pressure on Iran, including extending maritime sanctions. Due to the rise in living costs caused by conflicts in the Middle East, consumer confidence in the U.S. deteriorated at the beginning of August. The dollar and yields on U.S. Treasury bonds fell due to a surprise decline in retail sales, further reducing expectations for a Fed interest rate hike. Brent crude oil futures rose to $87.68 per barrel, with a daily increase of 0.7%, and U.S. oil prices increased by 0.3% to $81.49.
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Source:Internet
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