Global markets
- BusinessOil Surges to $78, Global Stocks Plunge on Iran-US War FearsGlobal markets tumbled on July 8, 2026 as Iran and the US traded fresh strikes. Brent crude surged from $72 to $78 per barrel, S&P 500 futures fell 0.82%, while Asian markets led by South Korea's KOSPI dropped over 5%. Gold also fell unusually, slipping 2.24% to $4,066 per ounce.
- Oil Prices Slip as OPEC+ Agrees to Raise Output by 188,000 Barrels per DayBusiness
