Washington and Tehran escalate affecting markets
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Oil prices experienced a strong surge due to renewed fighting between the United States and Iran, pushing Brent crude near $97 per barrel. Despite U.S. President Donald Trump's statement suggesting that American bombing may not last long, geopolitical tensions caused volatility in global markets. The performance of indices varied, with the British FTSE 100 increasing by 1%, while Germany, France, and Japan's indices declined. Stock performance in Asia was mixed; major companies like Samsung and SK Hynix saw declines, whereas some other markets posted slight gains. The markets continue to monitor geopolitical developments and their potential impact on the oil and global equities markets.
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