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Stocks, Bonds Fall as Oil Jumps on US-Iran Jitters: Markets Wrap

Bloomberg Markets·August 31, 2026·1 min read

Oil prices jumped on US-Iran tensions, triggering a global market selloff in stocks and bonds. Investors worry that higher energy costs will fuel inflation and force the Federal Reserve to raise interest rates. The ripple effects were felt across markets, with risk assets declining.

Read at Bloomberg Markets
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