Brent crude jumps past $100 a barrel as Tesla and Alphabet selloff drags Wall Street lower

Brent crude surged 7.1% in a single session to $100.74 a barrel, its highest level since May, as escalating armed conflict in the Middle East raised concerns over potential disruptions to global oil supplies. U.S. equities also came under pressure: the S&P 500 fell 1.3%, the Dow dropped 1%, and the Nasdaq slid 2.2%, led by sharp declines in Tesla and Alphabet shares. The latest developments are being treated as a direct geopolitical supply shock for oil markets.