📊 Global Market Update

Advisory Bazaar Info Services

US equity markets closed higher in the range of 0.69% to 1.64%.

European markets ended on a flat to slightly negative note.

Asian markets are trading lower today.

GIFT Nifty is down by around 200 points, indicating a likely opening of Nifty near the 24,150 level.

On Wednesday, US markets showed strong momentum, marking their best monthly performance since 2020. The Nasdaq 100 gained 1.7%, supported by the announcement of a ceasefire with Iran by US President Donald Trump and robust corporate earnings.

However, Asian markets are under pressure on Thursday due to rising concerns over tensions in the Middle East.

🛢 Crude Oil Update:

Oil prices have surged for the fourth consecutive session.

The rally is driven by escalating US-Iran tensions and supply disruptions in the Strait of Hormuz.

Brent crude is trading around $102–$106 per barrel, while WTI is near $97 per barrel.

Ongoing geopolitical tensions and disruptions in the Strait of Hormuz — a crucial global energy supply route — are raising concerns over supply stability.

The US has continued its naval blockade on Iran-linked vessels, further intensifying pressure on Tehran and impacting oil flows.

👉 Conclusion:

Markets may remain volatile. Rising crude prices and geopolitical tensions are likely to keep influencing global equities.