Oil price blasts past $100 a barrel, stock markets tumble on Monday opening

March 09, 2026 08:42 UTC

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Oil price blasts past $100 a barrel, stock markets tumble on Monday opening

Oil prices surged overnight to the highest levels in four years. Oil prices surged overnight to the highest levels in four years. As energy prices surged stock markets fell. In London, the FTSE 100 Index fell nearly 2pc soon after opening. On the flip side higher crude prices pushed energy 0.1pc higher, while defense firm Leonardo added 1.4pc.

Source: Irish Independent March 09, 2026 08:42 UTC

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