{
  "id": 6768545,
  "title": "Crude oil price dips to $104, world shares mixed following Wall Street losses",
  "url": "https://urgent.news/2026/09/11/crude-oil-price-dips-to-104-world-shares-mixed-following-wall-street",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-11T14:13:29.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/commodities/crude-oil-price-dips-to-104-world-shares-mixed-following-wall-street-losses/article71456727.ece"
  },
  "original_language": "en",
  "account": "Following Wall Street losses on Friday, world shares showed mixed results while oil prices experienced a decline. Brent crude traded at around $104 a barrel, down 3.3% from its earlier peak of $108. The price drop came after tensions between the US and Iran escalated. In early European trading, Britain's FTSE 100 rose 0.5% to 10,656.44, Germany's DAX gained 0.6% to 25,514.37, and France's CAC 40 climbed 0.6% to 8,161.31. However, markets experienced a decline in Asia, with Japan's Nikkei 225 falling 1.9% to 64,011.34. Shares of multinational investment holding firm SoftBank Group, an investor of OpenAI, dropped almost 4%. South Korea's Kospi lost 1.8% to 6,909.91, while Samsung Electronics declined 3.5% and memory chipmaker SK Hynix fell 2.2%. Hong Kong's Hang Seng dropped 0.6% to 24,805.63, and the Shanghai Composite index decreased 1.2% to 3,888.11. Chinese AI chipmaker Enflame's shares surged 179% in its trading debut in Shanghai. Oil prices fell after earlier climbing as tensions between the US and Iran intensified. The Strait of Hormuz, a narrow waterway crucial for global oil transport, saw oil flowing \"well below pre-war levels,\" underscoring the fragile situation. US diesel prices soared past $6 per gallon on average, setting yet another record. UBS Securities chief China economist Yu Song commented that even if oil prices retreat as tensions ease, they are likely to remain elevated for the rest of the year, adding to inflation uncertainties. On Thursday, Wall Street's benchmark S&P 500 dropped 0.6% in its fourth consecutive loss, while the Dow Jones Industrial Average and Nasdaq composite also experienced declines. Investors are closely monitoring the US consumer price index data for August, set to be released on Friday, ahead of the Federal Reserve's meeting next week. US Treasury yields remained volatile, with the 10-year Treasury at around 4.94% early Friday, up from 4.83% on Wednesday.",
  "summary": "Markets most decline in Asia",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}