High oil prices, exceeding $100 a barrel, triggered losses in stock markets. Investors on Wall Street were awaiting announcements regarding a government bond buyback program from Minister of Finance Scott Bessent and the unveiling of the new iPhone by Apple. Despite this anticipation, New York’s stock exchanges closed with losses. Earlier in the day, the AEX in Amsterdam had already closed 1.3 percent lower at 1101.9 points. The expensive oil proved to be a dominant factor, overshadowing other economic news and product launches. This downturn highlights the sensitivity of global markets to fluctuations in energy prices and investor sentiment. The situation underscores ongoing economic uncertainty.