Singapore Considers Revising GDP Forecast Amid Iran Crisis

Financial outlets focus on how oil, metals, and precious metals markets are reacting to the Iran war and shipping crisis. They report oil prices swinging back from multi‑month highs, gold and silver flows disrupted by grounded flights, and aluminum traders bracing for supply turmoil. Commentators stress that central banks, treasuries, and trade‑reliant economies like Singapore are trying to manage growth and inflation risks while insisting that energy markets remain broadly supplied.

• •Oil prices surged to multi‑month highs after the Iran war disrupted supply routes.
• •U.S. crude futures then fell for the first session since the war began as traders reassessed supply risks.
• •Gold and silver shipments have been delayed or rerouted because flights over the region are grounded.
• •Aluminum traders expect higher costs and possible shortages as the Iran crisis chokes shipping lanes.
• •Singapore’s government is prepared to revise its GDP outlook if energy and freight disruptions deepen.