Oil tops $100, Europe's EV growth and Oracle's AI-cloud demand — September 11, 2026
The morning's three pressure points are energy, transport and artificial intelligence.
Brent crude reached $108.68 a barrel and U.S. WTI reached $103.45, with attacks along Middle East shipping routes raising fears of prolonged supply disruption and higher inflation. 1
Global electric-vehicle sales rose 2% in August, while European sales climbed 36% to 380,000 vehicles. China and North America moved lower in the same monthly comparison, showing how subsidy policy and market conditions are pulling regional demand in different directions. 2
Oracle booked more than $30 billion in new AI-cloud contracts. Reuters said the result helped ease investor concerns about the cash cost of AI infrastructure spending. 3
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