- Spurs creep past Ferencvaros in the Europa League
- Unbeaten NFL Vikings face Jets in London as Chiefs meet Saints
- FIFA defers decision on call to suspend Israel
- US seizes internet domains allegedly used by Russian hackers
- Bangladesh, Pakistan win Women's T20 World Cup openers
- French jihadist linked to Charlie Hebdo attackers jailed for life
- Top Africa football boss facing Swiss probe over payments
- Pakistan down Sri Lanka at Women's T20 World Cup
- Bangladesh 'emotional' after first win in 10 years at Women's T20 World Cup
- Twice displaced: Syrian refugees flee home from Lebanon
- Mexico's new president unveils steps to boost women's rights
- Israel-Hamas war causes 86-percent dive in Gaza GDP: IMF
- Milan's Morata moves house after Inter-fan town mayor 'violates' privacy
- Revolut urges Meta to step up on cyber fraud reimbursement
- 'Devastating' storm hits Augusta National but Masters will go on
- Sri Lanka's new president seek changes to IMF deal
- Missile barrage against Israel exposes Iran's limitations: analysts
- Harris rallying with anti-Trump Republican in swing state battle
- Lucian Freud nude goes on sale for the first time
- Relief in Brazil, Asia over delay to EU deforestation rules
- Georgia signs into law bill seen by EU as anti-LGBTQ
- Oil prices jump, stocks fall on Middle East tensions
- Biden says 'discussing' possible Israeli strikes on Iran oil facilities
- Mexican president vows justice after army kills six migrants
- Ex-All Black Kerr-Barlow wants to stay in Top 14 after La Rochelle exit
- Solanke handed England recall as Bellingham returns
- Israel says strikes Hezbollah intel HQ in Beirut
- Party over: displaced families shelter in Beirut nightclub
- Oil prices rise, stocks fall on Middle East tensions
- Solanke handed England recall as Palmer returns
- Serge Gainsbourg Paris home in receivership one year after opening
- UK hands Indian Ocean islands to Mauritius but keeps key US military base
- New NATO chief Rutte says wants Ukraine to 'prevail' in Kyiv trip
- Mbappe left out of France squad for Nations League games
- Gauff survives scare to reach China Open semi-finals
- Sosie draw gives Fabre Arc boost while Japan's Shin Emperor hopes take hit
- Japan's 'master of horror' Kurosawa highlights 'B-movie' appeal
- History-maker Zhang to plough on after fairytale Beijing run
- Israel, Hezbollah in deadly battles on Lebanon border
- Oil rallies, stocks mostly retreat on Middle East tensions
- Israel says killed 15 Hezbollah militants in Lebanon strike
- Phasing out teen smoking could save 1.2 mn lives: study
- 'Kill him first': Israel eyes top level targets
- Championship leader Martin warns of 'unpredictable' Japan MotoGP
- France must fully probe Azerbaijani dissident's killing: Amnesty
- 'Welcome relief': Asia producers hail EU deforestation law delay
- Japan PM slated to announce plans for 'happiness index'
- Turkish inflation falls less than expected in September at 49.4%
- Easing inflation lifts profit at UK supermarket Tesco
- Skiing calls on UN climate science to combat melting future
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Oil prices jump, stocks fall on Middle East tensions
Oil prices surged and major stock markets mostly retreated Thursday as investors reacted to fears of widening conflict in the Middle East.
Prices jumped after US President Joe Biden said he was "discussing" possible Israeli strikes on Iranian oil sites in retaliation for Tehran's missile barrage on Israel.
Brent, the international benchmark, topped $77 per barrel at one point while the US contract, WTI, flirted with $74 as both rose more than five percent before paring some gains.
The Dow and broad-based S&P 500 were down in New York but the tech-heavy Nasdaq was up while the London, Paris and Frankfurt stock exchanges closed in the red.
A strike by US dockworkers and speculation about the US Federal Reserve's next interest rate moves also had an influence on investors, with a key employment report coming Friday.
The dollar gained, helped by its haven status, with the British pound sinking more than one percent against the greenback as Bank of England chief Andrew Bailey hinted at faster cuts to UK borrowing costs.
In Asia, Tokyo closed two percent higher as the yen eased, providing oxygen to the country's exporters.
Hong Kong fell for the first time in more than a week after a blistering surge fuelled by China's bold steps to stimulate its weak economy.
Iran's missile attack on Israel this week has raised fears that Israel's conflict with Tehran-backed Islamist militants in Gaza and Lebanon may grow into a wider regional war.
"Markets are in a state of suspense, bracing for Israel's anticipated retaliation against Iran -- a move that could catapult oil prices skyward," said independent markets analyst Stephen Innes.
Iran, which backs Lebanese militant group Hezbollah, said it would step up its response if Israel counterattacked, defying calls for de-escalation in a war that has cost more than 1,000 lives in Lebanon.
Israel's military said Thursday it had hit Hezbollah's intelligence headquarters in the Lebanese capital, as troops battled militants near the border and warplanes bombarded their strongholds around the country.
Analysts, however, said oil price gains could be limited as US stockpiles rose more than expected last week while Libya's eastern administration announced Thursday it had ended a month-long production and export blockade.
The Saudi-led OPEC+ oil cartel, meanwhile, is due to raise production from December, further easing concerns about supply.
Investors will turn their attention to key US non-farm payroll jobs report on Friday, which could provide clues about the Fed's plans for interest rates after last month's first cut in four years.
Data on Wednesday showed a surprise uptick in US private sector hiring in September.
"Friday's official payroll report will be critical, especially as markets weigh geopolitical risks against the domestic economy’s performance," said Fawad Razaqzada, market analyst at City Index and Forex.com.
- Key figures around 1550 GMT -
Brent North Sea Crude: UP 3.8 percent at $76.73 per barrel
West Texas Intermediate: UP 4.1 percent at $73.00 per barrel
New York - Dow: DOWN 0.4 percent at 42,031.54 points
New York - S&P 500: DOWN 0.1 percent at 5,705.02
New York - Nasdaq: UP 0.1 percent at 17,944.63
London - FTSE 100: DOWN 0.1 percent at 8,282.52 (close)
Paris - CAC 40: DOWN 1.3 percent at 7,477.78 (close)
Frankfurt - DAX: DOWN 0.8 percent at 19,015.41 (close)
Tokyo - Nikkei 225: UP 2.0 percent at 38,552.06 (close)
Hong Kong - Hang Seng Index: DOWN 1.5 percent at 22,113.51 (close)
Shanghai - Composite: Closed for a holiday
Pound/dollar: DOWN at $1.3107 from $1.3266 on Wednesday
Euro/dollar: DOWN at $1.1017 from $1.1048
Euro/pound: UP at 84.03 pence from 83.26 pence
Dollar/yen: UP at 146.75 from 146.38 yen
burs-bcp-lth/
P.Santos--AMWN