<ul data-eligibleForWebStory="true"><li>Brent crude rose 5.5% in early Asian trading due to escalating conflicts between Israel and Iran.</li><li>Investors are closely monitoring the geopolitical tensions where Israel launched attacks on Iran's territories.</li><li>Last week saw a surge in oil prices on concerns related to the conflict in the Middle East.</li><li>The market is preparing for prolonged uncertainty, prompting strategies to hedge against oil supply disruptions and investing in gold.</li><li>The current conflict escalation is significant enough to impact global markets with anticipated weakness in equities.</li><li>Middle East stock indexes dropped, with concerns in Egypt over potential fuel shortages and gains in Israel's benchmark.</li><li>Investors are also considering other global risks like trade relationships, tariffs, economic factors, and geopolitical tensions.</li><li>Taiwan blacklisting Huawei and Semiconductor Manufacturing International Corp. can affect China's AI chip development.</li><li>Market movements show minimal changes in stocks, currencies, cryptocurrencies, bonds, and commodities.</li></ul>

Oil Climbs As Israel-Iran Conflict Amps Up Risks: Markets Wrap

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