🚨 Oil markets jolt as Brent crude surges past $100 amid escalating geopolitical tensions. Prices jumped sharply as U.S.–Iran talks stall ahead of a critical deadline, raising fears of renewed conflict and supply disruption.
Signals from leadership suggest the truce may not be extended, keeping markets on edge. Meanwhile, diplomatic efforts continue, but uncertainty remains high.
Despite the spike, some view the move as limited given the broader risk environment. Interestingly, crypto markets stay steady, with BTC holding strong as investors watch whether tensions escalate or a last-minute deal emerges.