European markets in a war grip – Second day of significant losses
Oil rally unstoppable – Dollar surges, pressuring gold
Gold climbs to $5,380 as investors boost demand for “safe havens”
Gold rose for a fifth consecutive session as escalating conflict in the Middle East rattled global energy markets and drove investors toward safe-haven assets
Goldman Sachs warning: Gas prices in Europe could surge 130% in worst-case scenario
Goldman Sachs has warned that a one-month disruption of shipping through the Strait of Hormuz could send European natural gas prices soaring by up to 130%, while the impact on U.S. markets would be limited