Global Bazaar Update

Category:-Metal | 02-Mar-2026 09:07 AM

📌 Global Market Update

Advisory Bazaar Info Services

🔹 U.S. equity markets closed lower by 0.4% to 1%.

🔹 European markets also witnessed weakness, although the FTSE 100 remained relatively stable.

🔹 Most Asian equity markets are trading in the red.

🔹 Indian markets are also under pressure — the BSE Sensex and Nifty 50 are trading lower by approximately 950 and 280 points respectively.

🔹 Rising tensions between Iran and Israel have triggered a sharp surge in crude oil prices. Damage to oil tankers and supply disruptions have intensified volatility in global energy markets.

🔹 U.S. stock futures declined sharply amid fears that the escalating Iran–United States conflict could widen into a broader Middle East war.

🔹 Heightened geopolitical tensions have increased global market volatility. Investors are shifting away from risk assets toward safe-haven investments, strengthening the U.S. dollar.

🔹 Oil prices recorded their biggest surge in four years following U.S.–Israeli military action against Iran, sending shockwaves through global energy markets.

🔹 The effective closure of the Strait of Hormuz has significantly impacted global oil supply.

🔹 Brent Crude jumped nearly 13%, crossing $82 per barrel — its highest level since January 2025.


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