Crude Oil Surges Past $100 Amid Middle East Conflict

The global market was dominated by the Middle East conflict this week, causing crude oil prices to surge past $100.

This marks a key difference from previous rallies, as global bond markets are now selling off due to rising US Treasury yields approaching 5%.

Investors seem to be treating the conflict as an inflation-and-rates shock rather than a traditional flight-to-safety scenario, with gold remaining weak.

The market is pricing in higher interest rates, but the Uranus-Pluto trine in air signs suggests accelerated circulation of knowledge and technology.