The tense situation in the Middle East, following attacks by the United States and Israel against Iran and the country's subsequent retaliatory strikes against several nations in the region, is contributing to a sharp rise in oil prices on Tuesday. At the same time, global stock markets are under pressure, including Sweden, where the OMXS30 index is down 3.0 percent.

On Tuesday, Brent crude was traded at $85 per barrel, marking the first time since July 2024.

As of 1 p.m., Brent crude was quoted at $84.30 per barrel, an increase of 8.5 percent for the day.