European stocks may drift lower on Thursday as oil prices soared, reviving concerns about inflation and interest rates.
Brent crude prices surged over 9 percent to $100.31 a barrel, adding to gains in the previous session following reports that two international oil tankers were attacked in the northern Persian Gulf near Iraq and Kuwait. WTI crude futures were up more than 7 percent at $93.79.
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Market Analysis
European Shares Set To Plunge As Oil Soars After Tanker Attacks
2026-03-12 05:31:16
