Global markets face renewed pressure as crude oil prices rise more than $2 per barrel...

Global markets face renewed pressure as crude oil prices rise more than $2 per barrel, pushing Brent above $89 amid stalled U.S.-Iran talks and shipping disruptions. Diesel markets tighten sharply, with the U.S. diesel crack spread crossing $100 a barrel for the first time as refinery disruptions hit the Middle East and Russia. Wall Street pulls back from recent highs after weak U.S. retail sales data. At the same time, the 30-year U.S. Treasury yield reaches its highest level since 2007, driven by AI-related corporate borrowing and fiscal concerns.

Monday, 17 August, 2026