Oil Surges, Gold Nears Record as Middle East Tensions Escalate; Risk-Off Sentiment Sweeps Markets
Oil prices surged, and gold hovered near record highs on Tuesday as escalating geopolitical tensions in the Middle East fueled a broad risk-off sentiment across global markets. Iran’s barrage of missile attacks on Israel heightened fears of a larger regional conflict, driving a flight to safety that lifted both crude and haven assets while putting pressure on […]