[MARKET ANALYSIS] Oil prices continue to climb following the US-Iran geopolitical escalation

WTI/Brent: WTI Oct'26 +1.8% / Brent Nov'26 +2.0% Oil prices continued to rally after surging at least 5% yesterday as the US and Iran exchanged a fresh wave of strikes, while US President Trump even warned that if Iran responded, they’ll be hit much harder and that they’re going to be totally wiped out as a country. Gold: -0.7% Continued to decline amid a firmer dollar and higher-yield environment, which saw prices dip beneath the USD 4,300/oz level. Copper: -1.2% Remains pressured with global risk sentiment spooked by the geopolitical escalation in the Middle East.