Middle East Conflict Threatens Ceasefire: Impact on Oil and Markets
After a 38-day war against Iran, the ceasefire agreement between the USA, Israel, and Iran is wavering. Talks in Islamabad have failed, and the situation remains tense. On energy markets, uncertainty is causing significant price swings: Brent crude oil rose approximately 6% to $95.36 per barrel, while US stock futures fell. Asian markets, however, show resilience, with Taiwanese stocks at record levels. Greece and Cyprus remain affected as strategically important countries in this geopolitical tensions.