Prices

• Oil-sensitive Indian stocks, including IndiGo and HPCL, plunged by up to 5% following US airstrikes on Iran. • The market downturn was triggered by rising crude oil prices and the reinstatement of sanctions on Iranian oil sales. • These developments have heightened global concerns regarding Middle East stability and potential supply disruptions, particularly concerning shipping through the Strait of Hormuz.

• US stock markets declined sharply, with the Dow Jones Industrial Average falling over 578 points alongside slides in the Nasdaq and S&P 500. • The downturn was driven by surging oil prices and renewed geopolitical tensions between the U.S. and Iran, creating a volatile trading environment. • Investors are exercising caution due to uncertainty surrounding upcoming Federal Reserve minutes and fluctuations in Treasury yields and inflation expectations.

• Major stock indexes declined on Wednesday, with the Dow Jones Industrial Average shedding 800 points following geopolitical instability. • Oil prices surged after President Donald Trump declared the U.S. ceasefire with Iran "over" and threatened to launch further attacks. • The market volatility highlights the immediate impact of U.S.-Iran tensions on global energy prices and investor confidence.

Brent crude benchmark rose to more than $78 a barrel after attacks, its sharpest increase since ceasefire beganOil markets have recorded the sharpest price rise in nearly two months after a series of attacks on fossil fuel tankers near the strait of Hormuz led US president Donald Trump to declare the ceasefire deal with Iran is “over”.Brent, the global crude benchmark rose by 5% on Wednesday to more than $78 a barrel, the highest price since the US and Iran agreed the ceasefire while negotiating an end to the war last month. Continue reading...

• The FTSE 100 and FTSE 250 indexes declined following a broad selloff in UK equities. • The slide was triggered by renewed tensions in the Middle East, which drove up crude oil prices. • While the overall market fell, energy stocks outperformed other sectors due to the rising cost of oil.

• Brent crude oil is trading in the mid-$70s and WTI is priced above $70 per barrel. • The price increase is driven by escalating geopolitical tensions between the United States and Iran. • Market analyst Mohamed A. El-Erian notes that these tensions are currently a primary driver of market sentiment.

• Asian stock markets declined as investor sentiment was dampened by concerns over artificial intelligence valuations and rising oil prices. • Inflation data from Thailand, Taiwan, and the Philippines generally indicated a decrease in headline price pressures. • Maybank reports that stronger core inflation in the Philippines suggests the Bangko Sentral ng Pilipinas may implement a 25-basis-point rate hike.