Iran Tensions Spike Oil, Yen Sees Wild Swings, Metals Plunge

Market News
1. Geopolitical tensions escalated as Iran threatened to enrich uranium up to 90%, triggering a more than 2% surge in both Brent and U.S. crude oil prices.
2. The Dollar/Yen pair dropped sharply after U.S. Treasury Secretary Bessent expressed confidence in the Bank of Japan's monetary policy and highlighted undesirable forex volatility.
3. A significant sell-off occurred in precious metals, with silver and platinum prices plunging around 3% while gold fell nearly 1%.