U.S. Seizure of Iranian Vessel Escalates Tensions, Affecting Global Oil Markets
The U.S. seizure of an Iranian cargo ship near the Strait of Hormuz has led to a significant rise in oil prices and a drop in European stock markets. Brent crude oil prices increased by 5% to approximately $95 a barrel, while major European indices like the FTSE 100, Cac 40, and Dax experienced declines. President Trump announced the seizure on social media, stating that the U.S. has full custody of the ship. This development has raised concerns about the potential failure of the ceasefire between the U.S. and Iran, which was intended to facilitate peace talks in Islamabad. The ongoing conflict has severely impacted global energy markets, with fears of jet fuel shortages affecting airline stocks and potential disruptions in fertilizer supplies threatening global food security. 
