Financial markets are experiencing volatility as geopolitical tensions and energy concerns drive sharp price movements. Oil prices surged by 5% to over $105 a barrel amid fears of Middle East escalation and potential disruptions from a looming hurricane, sparking a broad sell-off in bonds and stocks. Investors appear increasingly cautious as new threats to global supply chains and economic stability emerge. The latest updates reflect growing unease over potential strikes and their ripple effects across commodities and financial assets.
Global bond market sell-off continues and stocks fall amid another wave of potential strikes against IranBusiness live – latest updatesOil prices have risen sharply amid fears about escalating tensions in the Middle East and a squeeze on production from the threat of a hurricane off the US coast.Brent crude, the international benchmark, rose by 5% to $105.3 a barrel on Thursday, triggering a wave of selling in the global bond and stock markets. Continue reading...