Finance

Energy markets saw notable upward pressure as Brent crude approached $92 a barrel due to ongoing military actions and strikes involving the U.S. and Iran. Although speculation regarding potential diplomatic cease-fire mediation introduced brief intraday volatility, persistent supply infrastructure threats around vital shipping lanes kept futures elevated.

Bullion prices advanced to hover well over the $4,000 per ounce mark as market participants weighed worsening geopolitical landscapes against upcoming central bank interest rate decisions. The precious metal continues to draw technical and defensive demand as an inflation hedge, even as climbing U.S. Treasury yields and a stronger dollar try to cap its upside.

Bitcoin climbed back above the $66,000 threshold, marking its highest price point in more than a month and tracking positive momentum in the broader technology sector. The upward trajectory across major tokens was further underpinned by growing speculation over positive legislative progress concerning the U.S. Clarity Act alongside consecutive weeks of positive digital asset fund inflows.