Global Markets Slide Amid Gulf Negotiation Uncertainty

The global markets experienced moderate losses on Monday, with US indices falling by around 0.2-0.6%. The main driver of this decline was the uncertainty surrounding negotiations in the Gulf region, particularly between Oman, Iran, and the US.

The failure of these talks has led to a surge in oil prices, with Brent rising above $87 per barrel and WTI increasing by over 6%. Natural gas prices in Europe also saw significant gains, climbing more than 13% on Monday. The price of silver recovered some of its losses, rising about 2%.

In the crypto market, sentiment remains negative, with most major tokens experiencing declines. Ethereum led the way down, falling around 2.5%, while Bitcoin and Solana followed close behind.