Market context
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US equities slipped as tech and communication services led declines. Crude oil rose on Strait of Hormuz reopening uncertainty amid Middle East tensions. Gold gained on safe-haven demand while Treasur…
WTI crude oil prices rose 2.1% to $89.20 per barrel as negotiations regarding the Strait of Hormuz remain unresolved. Despite diplomatic optimism from President Trump, market participants are wary th…
Oil prices surged as Trump signals Iran nuclear concerns and discusses U.S.-China oil deals. Weekly gains hit 6% for Brent and 7% for WTI amid Strait of Hormuz tensions.
Silver surged over 6% to $85.5/oz amid US-Iran tensions and Middle East instability. Geopolitical risks, blocked Strait of Hormuz, and inflation concerns support prices despite fading rate-cut expect…