8 PM After-Hours Flash: Bitcoin Surges Past Key Levels | Brent Crude Nears 107 Dollars | Congress Calls Absent Lawmakers Back | India Hikes Fuel

Bitcoin breaking above key resistance is lifting risk assets tonight with the crypto now trading at 81,212 dollars, up 2.3 percent over the past 24 hours. That move comes as traders digest geopolitical tension around Iran that is also rippling through energy markets. In the commodities space Brent crude has climbed toward 107 dollars a barrel and is heading for a weekly gain of about 5 percent as the Iran conflict drains global supplies, while WTI trades near 102 dollars. In the US market congressional leaders are pressing absentee lawmakers to return to Washington after a war powers resolution on Iran died in a 212 to 212 tie with six seats left empty. In the Asian market fuel prices have been hiked with petrol rising to 97.77 rupees and diesel to 90.67 rupees per litre amid supply disruptions from the US Iran conflict. Those moves are adding to broader uncertainty that could keep volatility elevated into tomorrow's US session where the SPX closed at 7,501.24. Russell's Morning Outlook is right around the corner — stay with VixShield. I am your VixShield news reporter.