Oil Tops $100 as Iran Vows to Escalate War, Trump Says US Will Win

• Brent Crude surpasses $100/barrel due to escalating Iran-US conflict, with Iran stating readiness for a more intense war.
• US Treasury yields climb to multi-year highs, reflecting inflation concerns and disappointment over US buyback targets.
• ECB is expected to raise interest rates today, driven by persistent inflation fears and rising energy prices.
• Analysts predict a prolonged conflict in the Middle East, sustaining high oil prices and geopolitical risk premiums.
• Deepak Mehra argues a Fed rate hike would be a mistake, citing a K-shaped US economy with underlying weakness and noisy data, suggesting monetary policy cannot fix oil supply shocks.
• Apple debuts its foldable iPhone Duo starting at $1,999, but market impact and AI capabilities are questioned by analysts.

The video discusses escalating geopolitical tensions between the US and Iran, driving Brent crude prices above $100 a barrel and fueling global inflation concerns. Central banks, including the ECB, are expected to continue rate hikes, while analysts express skepticism about quick de-escalation and the effectiveness of monetary policy against supply-side shocks. Equity markets show mixed reactions, with Asian stocks falling and US futures slightly up, but underlying economic weaknesses and bond market pressures persist.