Japan's Nikkei 225 share index falls more than 6% as oil soars over $100 a barrel

  • Posted on March 9, 2026
  • By Yahoo News
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Japan's Nikkei 225 share index falls more than 6% as oil soars over $100 a barrel

Japan’s benchmark Nikkei 225 index plunged more than 6% early Monday after oil prices soared to over $100 a barrel due to disruptions from the war in the Middle East, casting a shadow over economies heavily dependent on imports of crude and gas from the region. The price for a barrel of Brent crude, was at $109.46 a barrel and U.S. benchmark crude traded at $107.37 a barrel. Crude prices are at their highest level in more than three and a half years.
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