(Bloomberg) -- Oil prices rose while bonds and stocks dropped after a flare-up in Middle East tensions reignited concerns over energy supplies, clouding the outlook for inflation and interest rates.

Brent crude futures were a long way below the war's peak prices but rose enough to wobble the bond market by increasing inflation risks.

(Bloomberg) -- Oil prices rose and Asian stocks were little changed as investors assessed the implications of renewed geopolitical tensions for energy supplies and risk assets.