Global oil prices surge above $100 per barrel as the Middle East war disrupts supply routes and threatens the Strait of Hormuz. Analysts warn of inflation risks and economic shock across global markets.

Global gold prices hover around $5,100 per ounce as oil climbs above $100 per barrel amid escalating Middle East tensions. Rising inflation risks and the Federal Reserve’s interest rate outlook are shaping market sentiment.

Global oil prices have surged above $100 per barrel as escalating conflict in the Middle East threatens supply through the Strait of Hormuz, raising concerns about inflation and global economic slowdown.

Goldman Sachs has raised its oil price forecast as disruptions in the Strait of Hormuz threaten global supply. The bank warns the market could face the largest oil supply shock in history.

US inflation rose 0.3% in February, bringing the annual CPI rate to 2.4%. While the figure met expectations, geopolitical tensions in the Middle East could push inflation higher and force the Fed to keep interest rates elevated longer.

Bitcoin slipped below $70,000 as investors monitored escalating Middle East tensions and awaited key U.S. inflation data. Altcoins traded mostly flat amid cautious market sentiment.

The People’s Bank of China extended its gold buying streak to 16 months in February 2026, pushing total reserves above 74 million ounces as Beijing continues diversifying away from the US dollar.

Bitcoin trades steadily near $67,000 in the Asian session as oil prices surge above $110 per barrel amid escalating tensions between the U.S., Israel, and Iran, shaking global markets.

European markets post modest gains as investors assess escalating Middle East conflict, rising oil prices, Eurozone inflation data, and a fresh round of corporate earnings reports.

Volvo Cars posts a 10% drop in vehicle sales for early 2026 amid U.S. tariffs and regulatory pressures, while fully electric vehicle sales rise 18%, signaling a strategic shift toward electrification.

Brent and WTI crude prices climb sharply amid escalating U.S.–Israel–Iran tensions, raising fears of supply disruptions through the Strait of Hormuz and intensifying global energy market volatility.

Bitcoin stabilizes near $68,000 as U.S. President Donald Trump calls for clearer crypto regulations. However, rising U.S.–Iran tensions and inflation risks continue to pressure the broader cryptocurrency market.