Global Markets Health Check | March 16 Week | World Business World | WION

It was a Sea of Red once again across markets and asset classes. Markets have been stress-tested since the Iran war broke out three weeks ago. Now there is more escalation. US Officials signaled sending hundreds of Marines to West Asia to seize Iran’s Kharg Island oil export hub. Brent crude was around 110 dollars a barrel, suggesting it is no longer a temporary spike. The situation in the bond market is more concerning than what is happening with oil prices.

#westasia #economics #wion

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