European oil stocks jump as Mideast escalation pushes crude toward $100 By Investing.com

• The European Central Bank Governing Council began its meeting on Wednesday, September 9, 2026, amid expectations for a final interest rate hike. • A Reuters poll shows most economists expect Thursday's decision to be the second and final increase in the shortest hiking campaign in fifteen years.

• Investors are betting on the Euro's strength based on expected hawkish rhetoric from the European Central Bank. • Market volatility is rising as 10-year Treasury yields hover near 4.8% and oil prices climb due to strikes between Iran and the US.

• Oil prices fluctuated during recent Asian and European trading sessions following attacks on US and Iranian vessels and Saudi energy facilities. • Prices initially attempted to rally beyond $100 per barrel before returning to $97 per barrel.

• Japan's real wages grew by 2.4% year-on-year in July, marking the strongest growth since May 2021. • Total cash earnings rose by 4.7%, which is the largest increase recorded since January 1997.

• Eurowag reported growth for the first half of 2026 driven by an increase in platform usage. • The company is shifting toward indirect sales and digital onboarding to reduce the cost of acquiring every new customer.

• Eurowag reported an 11% increase in revenue for the first half of 2026. • Platform usage surged to 65% as new truck registrations across the company's markets grew 10% year-over-year.

• HSBC reported that global financial markets have remained resilient despite a series of economic shocks in recent years. • The bank noted that equity and credit markets are operating on the assumption that higher interest rates will not cause material damage to economic growth.

• Brent oil prices rose toward the $100 mark, reaching an intraday peak of $99.46 amid renewed military tensions between the US and Iran. • The central bank will release a new inflation report during its September 22 policy meeting to determine plans for the fourth quarter.

• Indian stock markets, including the Sensex and Nifty, fell in early trade due to rising tensions in West Asia and foreign fund outflows. • Crude oil prices climbed close to $100 per barrel, while investors sold off shares in the information technology sector.

• Oil prices are approaching $100 per barrel as tensions escalate in the Middle East. • Asian markets showed mixed results, with Hong Kong’s Hang Seng dropping 0.6% and Sydney slipping 0.3%.

• Asian shares and U.S. futures declined recently as escalating conflict in the Middle East drove oil prices higher. • Market volatility affected the Korea Composite Stock Price Index and shares of major companies like Samsung Electronics Co. and SK Hynix.