Markets on Edge as Fed Decision Looms, Oil Prices Climb on Mideast Conflict

Global markets are bracing for a Federal Reserve decision amid rising oil prices driven by the prolonged Middle East conflict, now in its seventh month. The combination of geopolitical tension and shifting inflation expectations has pressured bond valuations, while equities have so far remained resilient. The key uncertainty is whether the Fed will signal a policy shift that could either calm or further unsettle markets.