Global oil supply will tighten further as Iranian oil is blocked from the market, impacting many importing nations in Asia.

US bank Goldman Sachs anticipates average Q2 crude oil prices to drop by approximately 10% from its previous projections.

US crude oil prices fall below 100 USD per barrel, while gold prices surge by nearly 140 USD per ounce.

Brent crude reaches 116 USD, up 3%, while global gold prices turn lower by 60 USD.

Gold loses over 120 USD per ounce, while Brent crude oil climbs nearly 6% after several downward sessions.

Gold prices are fluctuating rapidly due to widespread margin call selling pressure in financial markets, making all predictions at this time high-risk, according to experts.

Iran is sending a message that it, not the United States, will decide when the disruption to global energy supplies ends.

To cool global oil prices, member countries of the International Energy Agency (IEA) will release a record amount of crude oil from their reserves.

Brent and WTI prices both dropped nearly 7% following President Trump's statement that the Middle East conflict would soon conclude.

Each ounce of gold increased by over 90 USD, while US WTI crude oil rose by more than 12% in the weekend session.

Global gold prices rose over 30 USD, and Asian stocks continued their downward trend as the conflict in the Middle East expanded and is likely to persist.

US and Israeli attacks on Iran push the strait of Hormuz—the world's oil lifeline—into a precarious position, raising the specter of a fuel price crisis.