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00:02Global markets shifted from expectations of a fragile U.S.-Iran ceasefire
00:07toward renewed conflict risk after escalatory rhetoric, clashes in the Strait of Hormuz,
00:12and Iranian attacks on the United Arab Emirates over a 48-hour period, according to CNBC.
00:19The U.S. launched Project Freedom to escort stranded ships,
00:23but said it sank several Iranian boats during skirmishes, which Iran denied.
00:27Iran later targeted the UAE oil infrastructure with missiles and drones.
00:33Analysts warned that energy flows are constrained as the Strait remains largely closed and inventories decline.
00:40Asian markets fell and Europe was mixed,
00:43while U.S. futures rose after Monday's losses and higher oil prices.
00:48Markets remain on edge as analysts warn the U.S.-Iran ceasefire could collapse
00:52and geopolitical risks may begin to weigh on markets and corporate earnings.
00:56For all things money, visit Benzinga.com.
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