US strikes Iran again; oil jumps, yields spike.
📡 Financial Times · 1 min read ·
Part of composite article US and Iran Trade Strikes in Strait of Hormuz as Oil Tankers Hit, Mines Cleared Under Cover of Darkness View full article →
The United States has launched additional military strikes against Iran, marking a sharp escalation in the conflict. The move immediately rattled global markets, pushing oil prices higher and sending Treasury yields to their highest levels of the day.
Investors are growing increasingly concerned that the renewed hostilities could trigger a fresh wave of inflation. As a result, they are moving away from safer assets, which is driving up borrowing costs. The strikes come as tensions between the two nations continue to flare, with no immediate sign of de-escalation.