Oil Falls Below $100 as Gold Slips Amid Middle East Tensions

Oil and gold prices declined as markets weighed the strength of Middle Eastern exports against the risk of supply disruptions amid regional tensions.

Brent crude fell to $99.84 a barrel, putting the benchmark below the $100 mark as traders assessed the outlook for oil flows from the region.

Gold also dropped, reaching $4,132.44 an ounce. The decline came as investors evaluated the potential market impact of tensions in the Middle East.

The moves underscored the competing pressures facing markets: the resilience of exports on one side and the possibility of interrupted supplies on the other. The outlook for regional shipments remained central to that assessment.