Oil Shock, Market Jitters, and Singapore's Housing and Health Pulse

Oil prices surged as reports emerged of a potential ban on US and Israeli vessels using the Strait of Hormuz, raising fears of supply disruptions in the critical shipping lane. Brent crude added nearly 4%, while West Texas Intermediate rose 3%, extending a volatile run that directly impacts Singapore's energy costs and status as a global oil trading hub.

2. US Markets Slip as Investors Wait for Iran Clarity

The Dow Jones Industrial Average...