Brent crude climbed nearly 6%, approaching $96 per barrel, reflecting renewed concerns over supply stability.
Global stocks edged lower, with European markets leading declines despite earlier resilience in Asian trading sessions.
Market sentiment shifted rapidly, with traders responding to mixed signals affecting key shipping routes.
The Strait of Hormuz remains central, as vessel traffic levels continue to influence short-term price movements.
Recent data showed increased shipping activity, offering partial reassurance despite ongoing volatility.
Analysts note that markets react strongly to each update, driving frequent price swings across asset classes.
Bond yields moved higher, while the dollar stabilized following recent fluctuations in global currency markets.
Investors now focus on economic data and energy flows, with supply dynamics shaping inflation expectations.
