US and Israeli forces escalated attacks on Iran while Iran launched missiles across the Persian Gulf, pushing oil prices higher amid no sign of an imminent peace deal. The escalation raises near-term risk of energy supply disruptions, a sustained risk-off move that could lift inflationary pressure, benefit oil producers and weigh on equities and regional assets.
US and Israeli forces escalated attacks on Iran while Iran launched missiles across the Persian Gulf, pushing oil prices higher amid no sign of an imminent peace deal. The escalation raises near-term risk of energy supply disruptions, a sustained risk-off move that could lift inflationary pressure, benefit oil producers and weigh on equities and regional assets.
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