Oil prices surge past $100/barrel on Middle East conflict fears, driving global bond yields higher

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Oil prices surge past $100/barrel on Middle East conflict fears, driving global bond yields higher

⚡ Markets: Broad risk-off sentiment. Bullish for energy stocks and inflation-linked bonds, bearish for equities (especially growth/tech) and long-duration bonds. Increased volatility expected across FX and commodities.BrentWTIUS 10Y YieldS&P 500

Brent and WTI crude futures exceeded $100, with some reports of Brent near $109, amid escalating US-Iran tensions and threats to the Strait of Hormuz. The surge fueled inflation concerns, pushing the US 10-year Treasury yield towards 5% for the first time since 2023 and causing global equity markets to fall.

West MSM 7Financial press 14Regional 5West Right 2Google West 4Non-West State 7Google Non-West 5Non-West Ind. 117 countries

45 sources across the spectrum

Financial pressCNBC — 10-year Treasury yield tops 4.9%, highest since 2023, as oil surge raises inflation fears

Financial pressWall Street Journal — Oil Futures Jump as Middle East Escalation Raises Supply Worries

Financial pressCNBC — U.S. crude oil tops $100 again – last seen in May – as market braces for prolonged Iran war

Financial pressOilPrice — IEA: Global Coal Demand Set to Hit Record High as Iran War Chokes LNG Supply

RegionalSouth China Morning Post — US producer inflation tops expectations as energy costs jump amid Iran war

West RightZeroHedge — Betting Against The House?

Financial pressBloomberg — Hormuz Fuel Exports’ Slow Recovery Keeps Prices Near Record

Google WestGoogle News (Italy) — Petrolio a 100$, gas alle stelle: Lagarde avverte l'Europa

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