US markets surged to fresh highs, driven by strong corporate earnings from companies like GE Vernova and Boeing. However, Brent crude oil rose above USD 100 a barrel amid escalating conflict concerns involving Iran and disruptions in the Strait of Hormuz, keeping investors cautious despite the rally

Oil prices rose on Monday amid renewed US-Iran tensions, while global stock markets showed mixed trends. Wall Street slipped slightly from record highs as investors weighed geopolitical risks, rising fuel costs, and the possibility of a ceasefire deal impacting global energy supply