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Oil prices spiked as the conflict involving Iran disrupted regional supplies and threatened the Strait of Hormuz, a key global energy route. Ship movements slowed, insurers withdrew coverage, and strikes across the region escalated risks. Analysts warn crude may face sharp spikes before stabilising.
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Benjamin Graham teaches that real investing is grounded in discipline, fundamentals, and patience. Markets tempt us to behave like speculators chasing momentum, but lasting wealth comes from consistency—valuing businesses, not price swings. When volatility strikes, conviction—not emotion—separates successful investors from the crowd.
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Gold and silver on MCX fell sharply on Tuesday as investors booked profits after Monday’s surge driven by escalating tensions involving United States, Israel and Iran. With markets weighing conflict risks and key US data ahead, analysts say volatility in precious metals is likely to remain elevated.
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Sri Lankan shares plummeted 5.4% on Tuesday, their worst single-day drop since the 2022 financial crisis, driven by Middle East tensions. Fears of oil shortages and supply disruptions, exacerbated by the Iran conflict, impacted the market. The nation’s reliance on fuel imports and significant trade with the Middle East make it vulnerable to external shocks.
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Global markets tumbled Tuesday as escalating Middle East tensions, particularly concerning the Strait of Hormuz, sent oil and gas prices soaring. This surge fueled inflation fears, prompting investors to delay expectations of Federal Reserve interest rate cuts. Tech stocks and airlines bore the brunt of the sell-off, while defense and energy firms saw gains.
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