🚨 OIL SURGES ALERT 🚨 🛢️ Brent Oil crosses $120 for the first time since 2022 📊 Driven by rising geopolitical tensions and supply fears 🇺🇸 Reports suggest Trump may extend the Iran blockade in the Strait of Hormuz — a key route handling nearly 20% of global oil supply ⚠️ Key Highlights: • Oil prices spike on supply disruption fears • Gas prices up nearly 40% since February • Bond yields rise towards 5% on inflation concerns • Global fuel shortage risks increasing 🌍 Ongoing tensions after Iran’s missile & drone strikes have escalated market uncertainty 📉 Markets now highly sensitive to further developments 📊 Impact: Oil ↑ → Inflation ↑ → Pressure on Global Markets ⚠️ Expect high volatility in: • Crude Oil • Gold • USD & Indices