https://www.taxtmi.com/news?id=46543 A sudden oil price surge followed military strikes on Iranian targets amid fears of disrupted crude flows, prompting gains for producers and defense contractors and losses for travel-exposed equities. The move was characterized as sentiment-driven rather than supply-confirmed. Gold rose as a safe haven and Treasury yields ticked up amid concerns that higher oil could generate inflationary pressure, complicating central bank interest-rate considerations. en-us Fri, 13 Jun 2025 19:46:03 +0530 Fri, 13 Jun 2025 19:46:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=46543 A sudden oil price surge followed military strikes on Iranian targets amid fears of disrupted crude flows, prompting gains for producers and defense contractors and losses for travel-exposed equities. The move was characterized as sentiment-driven rather than supply-confirmed. Gold rose as a safe haven and Treasury yields ticked up amid concerns that higher oil could generate inflationary pressure, complicating central bank interest-rate considerations. News - Fri, 13 Jun 2025 19:46:03 +0530 https://www.taxtmi.com/news?id=46543