The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
On March 12, Iran's new leader maintained the closure of the Strait of Hormuz, raising supply concerns. This led to a further spike in crude oil prices due to escalating geopolitical tensions. Additionally, the downbeat risk appetite pressured the DAX index while supporting the US dollar.