📊 Global Market Update

Advisory Bazaar Info Services

US equity markets closed higher, gaining between 1.20% and 1.79%.

European markets also ended in positive territory, rising in the range of 0.70% to 2.22%.

Asian equity markets are trading in the green today.

Meanwhile, India’s benchmark indices Sensex and Nifty 50 are trading lower by around 110–60 points.

🔶 Energy Market Update

Global energy markets witnessed a sharp surge following escalating tensions between the United States and Iran over the weekend. Rising concerns over supply disruptions pushed crude oil prices significantly higher.

👉 Brent Crude climbed to around $96 per barrel

👉 WTI Crude traded above $90 per barrel (both surged over 6%)

Natural gas markets also saw a strong rally, with European prices jumping nearly 11% amid fears of supply constraints.

🔶 US Market Highlights

On Friday, the S&P 500 rose by 1.2%, marking its third consecutive weekly gain of over 3%.

🔶 Impact of Middle East Tensions

Asian markets remain cautious as geopolitical tensions between the United States and Iran intensify again.

After earlier assurances from Tehran to keep the Strait of Hormuz open, fresh concerns have emerged about a possible closure.

Crude oil prices surged more than 6% on Monday, following a sharp decline of over 9% on Friday. The volatility is driven by mutual accusations of ceasefire violations and reports of attacks on vessels.