The impact of the Middle East conflict and volatile oil prices on growth and inflation stayed in focus. Declining oil prices helped ease inflation concerns following the safe passage of several tankers through the Strait of Hormuz.

The US-Israel confrontation with Iran has entered its third week, with continued strikes on regional energy infrastructure and renewed warnings from Donald Trump regarding potential action against Iran’s oil facilities on Kharg Island.

Oil prices rose again after their first decline in about a week, as Iran intensified attacks on energy infrastructure around the Persian Gulf.

Take a look at today's market updates!