Oil prices jumped to their highest level since 2022 after a report that the US military is set to brief President Donald Trump on new plans for potential action in the Iran war.

European markets moved higher on Monday, even as escalating tensions in the Middle East and rising oil prices continued to shape the global economic outlook.

US stocks slipped on Tuesday as a sell-off in government bonds spilled into equities, extending recent declines for tech shares.

European stock markets edged higher Thursday, adding to the prior session’s sharp gains after benign US inflation kept potential rate cuts by the Federal Reserve on the table, although weak UK economic growth weighed on sentiment , News.az reports citing Investhing.

Global stocks declined on Monday, while the dollar reached its highest level in 26 months, following a strong U.S. jobs report that left investors questioning whether interest rates will decrease at all this year, just as earnings season begins.