Crude Oil Jumps Back Above $111 as Fresh Iran Strike Fears Shake Global Markets; Gold Slips 0.6%

🌐 Meyka — 2026-05-20

Crude oil prices have surged past $111 amid renewed fears over strikes in Iran, impacting global markets. Additionally, gold prices have seen a slight decrease as oil dynamics shift investor sentiment.

Conflict Markets Commodities Energy crude oil Iran market impact gold prices oil surge

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Crude Oil Jumps Back Above $111 as Fresh Iran Strike Fears Shake Global Markets; Gold Slips 0.6%

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