Trump’s Iran Pause Triggers Oil Selloff and a Safe-Haven Reset

Group 1 - U.S. President Donald Trump announced a five-day pause on military strikes against Iran, following productive talks aimed at resolving tensions in the Middle East [4] - Oil prices fell sharply, with Brent crude down 12.06% to $98.06 per barrel and WTI crude down 10.58% to $87.84 per barrel [4] - The market reacted positively to the potential de-escalation, leading to a stabilization in equities as traders moved away from worst-case supply disruption scenarios [3] Group 2 - Gold prices experienced a selloff, down 2.2% to $4,395 per ounce, while Bitcoin rallied by 3.0% to $70,713, reflecting a divergence in safe-haven assets [5] - The Iran conflict has created confusion in safe-haven markets, with gold facing pressure from inflation fears and potential interest rate hikes [6] - Gold has plummeted nearly 22% from its late January peak of over $5,590 per ounce, attributed to a massive unwind of speculative capital and leveraged bets [7]