And now? Oil barrel hasn't cost this much since May and markets are starting to reactPhoto by fritsdejong on Pexels
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And now? Oil barrel hasn't cost this much since May and markets are starting to react

CNN Portugal10 September 2026 at 19:46

The price of an oil barrel reached its highest value since May, at a time when markets are beginning to react to the intensification of the conflict in the Middle East. This increase represents a new pressure factor on the global economy, which was already facing significant challenges.

Inflation is rising in several countries, which is heightening concerns among investors and monetary authorities. In parallel, interest rates continue to increase in response to persistent high prices, creating an environment of higher financing costs.

Financial markets are showing growing nervousness in the face of the escalation of the conflict in the Middle East region. This geopolitical instability is fueling volatility in markets and uncertainty regarding global economic prospects.

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