Oil prices have surged to $100 per barrel as geopolitical tensions in the Middle East intensify. This spike in oil prices is attributed to fears of potential military actions.
Former President Donald Trump is reportedly weighing a 'massive attack' in response to the escalating situation, which has raised concerns among investors.
In reaction to these developments, US stocks and bonds have experienced a notable sell-off, reflecting market anxiety over the potential for conflict and its economic implications.