🚨 OIL SURGES ALERT 🚨
🛢️ Brent Oil crosses $120 for the first time since 2022
📊 Driven by rising geopolitical tensions and supply fears
🇺🇸 Reports suggest Trump may extend the Iran blockade in the Strait of Hormuz — a key route handling nearly 20% of global oil supply
⚠️ Key Highlights:
• Oil prices spike on supply disruption fears
• Gas prices up nearly 40% since February
• Bond yields rise towards 5% on inflation concerns
• Global fuel shortage risks increasing
🌍 Ongoing tensions after Iran’s missile & drone strikes have escalated market uncertainty
📉 Markets now highly sensitive to further developments
📊 Impact:
Oil ↑ → Inflation ↑ → Pressure on Global Markets
⚠️ Expect high volatility in:
• Crude Oil
• Gold
• USD & Indices
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