Global Markets Dip, Oil Surges Amid Iran War Uncertainty; Gold, Silver Fall

• World shares traded lower on Thursday as de-escalation of the Iran war remained uncertain.
• Oil prices climbed back to around USD 100 per barrel, with Brent crude rising 3.2% to USD 100.39.
• Iran dismissed a US ceasefire plan, and launched attacks on Israel and Gulf Arab countries.
• The Strait of Hormuz, a crucial oil waterway, remains largely closed, impacting global oil supply.
• Gold and silver prices fell, with gold dropping 2.9% and silver losing 6.6%.