Oil and fears of an AI bubble drag global stock markets down

FinanceInternationalEl MundoOct 22, 2026, 11:12 AM35 s readAI summary

Brent crude surpassed $111 a barrel after a 2.3% rise ahead of the European open, following Iran's report that seven tankers were damaged in the Strait of Hormuz. WTI rose 2.1% to $99.1. Stocks fell: the Ibex 2.12%, the Cac 40 1.39% and the Dax 1.07%. Energy tensions were compounded by uncertainty over AI after Meta announced higher capital spending, and by losses in Asia and on Wall Street.

In 35 seconds

Brent surpassed $111 and WTI reached $99.1 after damage to seven tankers in the Strait of Hormuz
The Ibex fell 2.12% to 18,913.5 points, led by Bankinter's 7.56% drop
Meta said it will need to raise hundreds of billions of dollars over several years after a negative quarterly cash flow

Read the full story at El Mundo

IASummary generated by artificial intelligence from a story by El Mundo. It may contain errors: the original source prevails.

petróleo
bolsas
inteligencia artificial
deuda pública
mercados

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Oil and fears of an AI bubble drag global stock markets down

In 35 seconds

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Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day