Renewed Middle East tensions are driving oil prices higher, fueling inflation and economic growth concerns. Despite market optimism, significant challenges remain in resolving issues with Iran, and markets may not have fully priced in potential disruptions, particularly around the Strait of Hormuz.

Brent crude futures rose nearly 3% to $94 a barrel, which in turn prompted a selloff in government bonds

Renewed Middle East tensions are driving oil prices higher, fueling inflation and economic growth concerns. Despite market optimism, significant challenges remain in resolving…

Oil prices extended gains Wednesday as Middle East peace talks stuttered, though stocks mostly rose on the back of continued demand for all things linked to artificial…