Oil prices near 100dollars per barrel, stocks fall as Iran war intensifies

Global financial markets were shaken at the beginning of the month by heightened tensions in the war in Iran. 6U.S. and European stocks fell, while crude oil prices approached 100dollars per barrel. As investor sentiment weakened, selling focused on risk assets occurred.

After negotiations between the United States and Iran were suspended, 6in 1international oil prices rose more than 4% on a daily basis. Concerns about a maritime blockade were among the factors behind the suspension of negotiations. Supply risks were immediately reflected in the energy market.

Reports that Iran was considering a U.S. ceasefire proposal and remarks that negotiations were continuing emerged at the same time. Former President Trump said that negotiations were continuing. News related to the negotiations sent mixed signals to the market.

Some temporary clashes and deadlocks sent oil prices sharply higher again. Developments in armed conflicts and the extent of diplomatic progress unsettled oil prices day after day. The crude oil futures market remains highly volatile.

Investors became cautious in their trading as they reassessed prices amid mixed signals. In some cases, oil prices underwent a correction due to profit-taking. Overall, gains and losses have alternated rapidly in response to the flow of news.

Uncertainty in the financial markets and physical supply routes remains a short-term risk. The possibility of a maritime blockade could affect crude oil transportation costs and insurance premiums. Related news and inventory data releases have become key variables for the market's next direction.