Brent Oil Surges on Geopolitical Risks, Biggest Weekly Gain Since April – DB

Deutsche Bank strategists note a sharp rebound in Brent oil prices as geopolitical risks intensify. The rally, fueled by escalating US-Iran tensions, marks Brent's biggest weekly gain since April.

The move extends gains amid heightened concerns over supply disruptions in the Middle East. Brent has continued to climb, reflecting market sensitivity to the evolving situation.