Oil prices have climbed by 2% as rapidly unfolding tensions between Iran and Israel unsettle markets, reflecting concerns over Middle East stability. Brent crude futures increased by approximately $1.56 USD on Tuesday, driven by developments in the conflict between the two nations.

WTI oil futures have declined in response to OPEC’s latest supply outlook, signaling potential shifts in the global oil market. Investors are closely monitoring the situation as OPEC’s influence continues to shape oil pricing.

The rising tide of gold prices is reshaping investment landscapes, drawing both seasoned investors and central banks towards mining stocks. This convergence signals a significant shift in global investment strategies influenced by the precious metal’s ascent.

In a stark warning, the CEO of JPMorgan Chase has stated that President Donald Trump’s extensive tariffs are “likely” to trigger a recession, raising concerns over the economic fallout of current trade policies.