The index gained 0.2% to 98.217 as oil prices climbed and investors sought safe havens amid stalled US-Iran peace efforts.
Iran warned Washington against possible military action after Axios reported the US was considering fresh strikes to break the negotiating deadlock.
President Donald Trump faces a Friday deadline either to end the war or ask Congress to justify extending it, keeping geopolitical risk and currency markets on edge.
With Iran's leadership shift and continued military standoffs, what hidden risks could further disrupt global markets beyond oil and energy?
As U.S.-Iran tensions escalate and diplomacy stalls, could indirect talks via Pakistan actually break the deadlock, or are we headed for deeper conflict?
With the Strait of Hormuz shut and oil prices soaring, how close are we to a tipping point in the global economy—and what would a real solution look like?