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Global oil prices rose above $105 as Iran tensions and Hormuz supply fears deepened market volatility, raising inflation, transport and energy security concerns worldwide.
Trump rejects Iran’s peace response, calling it unacceptable, stalling diplomatic efforts and raising doubts over fragile ceasefire negotiations amid ongoing divisions on nuclear and security terms.
Gold rebounded above $4,700 on renewed US-Iran tensions, but inflation fears and expectations of prolonged higher interest rates continue to restrain stronger safe-haven gains.
Brent crude rebounded above $100 as renewed US-Iran clashes revived supply concerns, reversing earlier peace-driven losses and highlighting persistent market volatility around Strait of Hormuz tensions.
Oil extended losses as markets weighed prospects of a U.S.-Iran peace deal and potential Strait of Hormuz reopening, easing supply fears and geopolitical risk premiums.
Gold rose above $4,700 as easing oil prices from US-Iran peace hopes reduced inflation concerns, though officials warned inflation remains above the 2% target.
Brent crude falls toward $108 as markets react to eased escalation signals and paused U.S. operations, though Iranian shipping blockade keeps supply risks elevated.
Gold steadied near $4,500 as Middle East tensions supported safe-haven demand, but rising oil prices, bond yields and inflation fears curbed bullion’s traditional crisis rally.
Brent surged above $113 as renewed US-Iran clashes in the Strait of Hormuz heightened supply fears, rattled shipping confidence, and reignited global economic pressure.
ZEN led GSE weekly gainers, surging 12.66% as select mid-cap stocks advanced, while broader market performance remained mixed with notable declines in blue-chip counters.