Oil Prices Soar, Stocks Mixed Amid Iran Tensions and Volatile Trade

• Oil prices surged, with Brent up 7.78% and U.S. crude soaring over 11%, driven by escalating U.S.-Iran tensions.
• Global equities saw mixed results; European shares trimmed losses, while Wall Street ended choppy ahead of Good Friday.
• Donald Trump's remarks about hitting Iran "extremely hard" fueled market volatility, despite reports of Iran-Oman protocol for Strait of Hormuz.
• Gold prices fell as the U.S. dollar gained, and government bond yields jumped on inflation and interest rate hike expectations.
• India's central bank banned non-deliverable forwards to support the rupee, causing a 2% rebound.