CRUDE WRAP: WTI (K6) SETTLES USD 3.24 HIGHER AT 102.88/BBL; BRENT (M6) SETTLES USD 0.21 HIGHER AT 112.78/BBL

The substantial rise in WTI and Brent crude prices suggests a strong reaction to ongoing geopolitical tensions, particularly involving Iran and Israel. This increase could indicate tightening supply conditions, likely impacting inflation and broader market sentiment, especially across energy-linked sectors. Traders should monitor potential further escalation in the geopolitical landscape, as it may drive prices higher or contribute to volatility.