🚨 Oil markets jolt as Brent surges past $100 on rising geopolitical strain.
Brent crude climbed nearly 6%, reclaiming the $100 mark for the first time since the blockade began, as U.S.–Iran negotiations stall ahead of a critical ceasefire deadline.
Donald Trump signaled he’s unlikely to extend the truce, warning that military action could resume if talks collapse. Meanwhile, JD Vance is set to lead the next round of diplomatic discussions in Islamabad.
Despite the spike, Trump brushed off the move as relatively minor, suggesting prices could be even higher given the tensions.
Crypto markets, however, remain steady — Bitcoin is holding near $75K as investors watch closely to see whether the situation escalates or a last-minute deal comes together.