Why $100 oil is no longer spooking equity markets
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Article Excerpt
Why $100 oil is no longer spooking equity markets
STEPHEN JEN
REUTERS
PUBLISHED APRIL 30, 2026
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Why have global equity markets been so resilient to the Iran oil shock? Because US$100 a barrel oil doesn’t mean what it used to.
Brent crude has risen around 70 per cent since the Iran war began on February 28 to over US$120 per barrel, as of early Thursday. Yet global equity markets, though volatile, are still substantially back above pre-war levels. While ther…
Read full article at The Globe and Mail ↗
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