The Intelligence Layer Beyond Your Own Book

Global financial markets declined after attacks on oil tankers in Iraqi waters intensified fears about the security of Middle Eastern energy infrastructure. Iraq halted operations at its oil ports, Oman evacuated a key export terminal, and Bahrain accused Iran of targeting fuel tanks.

Oil held below $90 a barrel after a report on the proposed release of oil reserves to ease higher energy prices boosted market confidence, following recent volatility across assets. Brent crude fell 0.2% after plunging 11% in the prior session.

Stocks rose and crude oil fell as President Donald Trump signalled the Iran war may be nearing an end, helping boost sentiment after Monday’s selloff in risk assets. The sharp reversals indicate just how sensitive markets have become to headlines from the Middle East conflict.