
Oil Prices Surge Amid Geopolitical Tensions
Oil prices surged after reports indicated Israel might strike Iranian nuclear sites, causing global market fluctuations. West Texas Intermediate increased by 1.5%. While Asian stocks rose, concerns about geopolitical tensions lingered, potentially impacting the markets that had calmed after recent tariff chaos. Analysts warn that while the equity market momentum is strong, it is nearing a point of overbuying. The ongoing uncertainty in US-Iran talks adds to market volatility. Investors are closely monitoring trends, as significant geopolitical events could reshape financial landscapes.