[UPDATE-DAY #53] Trump Signals Military Option if Iran Rejects Deal

Fears of US-Iran conflict push oil, gold prices Escalating tensions between the United States and Iran sent oil prices sharply higher and kept gold near record levels on Thursday, as investors weighed the risk of a prolonged conflict in the Middle East and its impact on global markets. Brent crude rose to around $70.50 a barrel after surging more than 4% in the previous session, while US crude climbed above $65, as traders priced in the possibility of supply disruptions from the oil-producing region. “The balance of risks now tilts to a US strike after market close Friday,” said Michael…