Iran Tensions Spike Global Risk, IMF Warns of Stagflation as Oil Prices Climb

Market News
1. Escalating geopolitical tensions due to threats of U.S. military action against Iran hold significant potential to disrupt global energy markets and increase volatility.
2. The IMF has officially warned that the war in the Middle East will lead to higher inflation and slower global economic growth.
3. Brent and U.S. crude oil prices settled significantly higher at $109.77 and $112.41 per barrel, respectively, directly responding to heightened conflict risks.