Global Market Today | Brent crude set for record monthly gain; Asia shares falter as Iran war rages

March 31, 2026

Global markets faced a tumultuous month as Middle East tensions fueled fears of rising inflation and slower growth. Oil prices surged to record highs, while Asian shares plunged. Bonds declined significantly due to hawkish interest rate outlooks, and the dollar strengthened. Investors are increasingly concerned about a prolonged conflict.

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