Global oil markets continue to show volatility despite ceasefire signals in the Middle East. Brent crude recently surged close to $100 per barrel, driven by uncertainty around supply routes such as the Strait of Hormuz.

Energy analysts warn that even minor disruptions could significantly impact global inflation and economic growth. The International Monetary Fund has also cautioned that the economic effects of the conflict may persist even after tensions ease.

Investors remain cautious, with markets reacting quickly to any geopolitical developments in the region.

Source : The Guardian.