US-Iran Ceasefire Uncertainty Rattles Global Markets, Oil Prices Surge
Washington/Tehran: Uncertainty surrounding a potential US-Iran ceasefire has sent shockwaves through global financial markets. Brent crude oil surged nearly 5 percent, reaching $95.16 per barrel, as investors braced for further escalation in the Middle East. US S&P 500 futures fell 0.6 percent while European futures dropped 1.1 percent. Asian markets, however, showed a mixed picture…
Washington/Tehran: Uncertainty surrounding a potential US-Iran ceasefire has sent shockwaves through global financial markets. Brent crude oil surged nearly 5 percent, reaching $95.16 per barrel, as investors braced for further escalation in the Middle East. US S&P 500 futures fell 0.6 percent while European futures dropped 1.1 percent. Asian markets, however, showed a mixed picture — stocks in Seoul, Taipei, and Tokyo posted gains, with Taiwan’s market touching a new record high. Analysts warn that if tensions persist, the world could be edging toward a fresh economic crisis, with energy supply chains and investor confidence hanging in the balance.
