Oil, Diplomacy, and Deceit: What's Driving Global Markets Now Tensions in the Gulf region have escalated dramatically in recent days, with Iran and the United States trading blows in a bid for dominance.
The conflict has sent oil prices soaring, reaching above $90 a barrel as Brent crude surges.
At the heart of this maelstrom is a delicate dance between competing powers, their respective interests, and the often fickle nature of global markets.