Brent Crude Hits 119 Dollars Amid Middle East Conflict
European gas prices rose 35 percent after strikes on regional energy hubs. Central banks signal hawkish shifts as oil prices remain volatile amid conflict.
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The energy market has emerged as the central theater of conflict between Israel and Iran, with escalating damage to infrastructure failing to trigger widespread panic in broader financial markets. While expectations for hawkish monetary policy weighed on global equities, the reaction remains measured despite significant disruptions to regional energy supplies.
