Oil Surges on Iran War; Stocks Show Resilience

Mid-Week Markets: Oil's Wild Ride Meets Stock Steadiness

Picture this: bombshells from the Middle East, oil prices jumping like a caffeinated trader, yet stock indexes barely blink. That's the bizarre scene in global markets right now, halfway through the week. With the US-Iran conflict dragging on, crude is back on the upswing, but equities are acting like they've seen worse. Investors, buckle up—or maybe don't, since the ride feels oddly smooth.

According to the Sydney Morning Herald,...