Financial markets are reflecting heightened regional tensions, with oil prices rising toward a fourth consecutive monthly gain. The surge is driven by fears of supply disruptions in the Strait of Hormuz following reported explosive attacks, alongside Houthi strikes on Saudi energy facilities. Concerns over regional stability have led major energy firms to withdraw from upcoming industry events. Conversely, gold prices have dropped to their lowest point since mid-July. This decline in the precious metal is attributed to growing market expectations of a U.S. interest rate hike in December, fueled by robust GDP growth data and persistent inflationary pressures.