OIL REMAINED ELEVATED AROUND $85 A BARREL AS THE U.S.-IRAN STANDOFF OVER THE STRAIT OF HORMUZ CONTINUED, ADDING TO INFLATION CONCERNS, WHILE GOLD FELL 1.6% TO $4,343.93 AS INVESTORS WATCHED WHETHER HIGHER ENERGY COSTS AND BORROWING RATES COULD TRIGGER A BROADER EQUITY-MARKET CORRECTION.

OIL REMAINED ELEVATED AROUND $85 A BARREL AS THE U.S.-IRAN STANDOFF OVER THE STRAIT OF HORMUZ CONTINUED, ADDING TO INFLATION CONCERNS, WHILE GOLD FELL 1.6% TO $4,343.93 AS INVESTORS WATCHED WHETHER HIGHER ENERGY COSTS AND BORROWING RATES COULD TRIGGER A BROADER EQUITY-MARKET CORRECTION.

Source:https://x.com/FirstSquawk/status/2089810537190453300