Middle East escalation threatens global oil supply and markets. Israel's direct strikes on Tehran and Iranian attacks on critical infrastructure have triggered a regional conflict expanding across the Persian Gulf. Brent crude surges toward $112 per barrel as the Strait of Hormuz faces potential shutdown, threatening roughly 20% of global oil supply. Kuwait's oil refinery struck, disrupting regional output significantly. The Trump administration evaluates options to secure Iran's nuclear materials amid the three-week conflict. Financial markets brace for extreme volatility as geopolitical risk reaches decade highs. Investors monitor energy prices, safe-haven assets like gold, and defense sector stocks closely during this critical period.
Post from MarketNews_en
Log in to interact with content.
