WS #16793
The US has confirmed strikes on Iran, while Iran has demanded sanctions relief and recognition of sovereignty over the Strait of Hormuz. This escalation is pushing markets toward safe-haven assets, with gold holding above $3,900 and bond yields reacting to war headlines. Oil prices are volatile, hovering around $103, reflecting the tension between supply disruption fears and ongoing peace talk narratives.
Middle East Escalation and Energy
The US has confirmed strikes on Iran, while Iran has demanded sanctions relief and recognition of sovereignty over the Strait of Hormuz. This escalation is pushing markets toward safe-haven assets, with gold holding above $3,900 and bond yields reacting to war headlines. Oil prices are volatile, hovering around $103, reflecting the tension between supply disruption fears and ongoing peace talk narratives.