Fed Faces Tough Backdrop Amid War and Weak Data

Geopolitical tensions in the Middle East, particularly the Israel-Iran conflict, are escalating, triggering market anxiety and a flight to safety. Oil prices have surged due to supply disruption fears, while investors are flocking to U.S. Treasuries and gold. Global equities face pressure, and currency markets react cautiously as the Federal Reserve's upcoming policy decision adds to the uncertainty.