News & Insights

Volatility continued to be the driving theme for markets while conflicting messages about a resolution to the Iran war permeated headlines throughout the week. President Trump warned Iran that they had until Monday night to reopen the Strait of Hormuz or he would begin strikes on critical energy infrastructure

Oil prices surged 29% last weekend, topping $100/barrel for the first time since July 2022. Equity markets experienced declines all week, with losses deepening at first.