Global and domestic markets reacted sharply on Wednesday, July 8, 2026, to the renewed escalation of tensions between the United States ...

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.

The dollar reached its highest weekly level against peers amid renewed U.S. strikes on Iran. Geopolitical tensions escalated, and oil prices saw an increase following the attacks.…