1. Rising US-Iran geopolitical tensions, including new sanctions and a canceled diplomatic trip, caused Brent crude oil prices to surge sharply by over $5.
2. Major U.S. stock indices closed significantly lower as U.S. Treasury yields climbed, signaling a risk-off sentiment in the market.
3. Precious metals like gold, silver, and platinum plummeted by over 3-5% due to a strengthening U.S. Dollar, which reached a new high.
Geopolitical Tensions Spike Oil, Stocks & Metals Tumble, Yields Rise
