Brent crude oil has reached approximately $103 per barrel, while 10-year U.S. Treasury yields have climbed to a 16-year high of 5.1 percent.
Drone attacks on the Saudi East-West pipeline have pushed Brent crude prices above $100 per barrel, fueling concerns over global energy supply.
US stock indices fell for a third straight day on September 9 as Brent crude oil prices hit approximately $101 per barrel due to US-Iran tensions.
The Dow Jones Industrial Average dropped 350 points as Brent crude prices surged past $100 per barrel amid rising U.S.-Iran tensions.
Rising oil prices near $100 per barrel, driven by US-Iran tensions, are pressuring emerging market currencies and equities.
