Brent crude jumped 64% to $120 per barrel after the Iran conflict, with Q2 2026 average projected at $115.
Gold fell 25% then rebounded above $4,800, while the US Dollar Index peaked then retreated to pre‑war levels by late April.
Bitcoin recovered, gaining nearly 18% by late April, outpacing many currencies as investors returned to risk assets.
OANDA analyst Moheb Hanna warns that a cease‑fire collapse could reignite oil price spikes and a flight to safe‑haven assets.