1. Middle East tensions have significantly escalated with reports of explosions in Iran, Bahrain, and Kuwait intercepting attacks, while the U.S. indicates potential for further escalation.
2. Brent and U.S. crude oil prices closed higher, while Platinum jumped 3% and Silver fell nearly 3%, reflecting volatility in commodity markets.
3. The Fed's Beige Book reported slight to moderate U.S. economic growth, with Fed member Cook indicating policy remains restrictive and monitoring inflation amidst geopolitical risks and tariffs.
Middle East Tensions Escalate, Commodities Volatile, Fed Maintains Stance
