LONDON - Oil prices soared anew and stock markets slid on Wednesday after US President Donald Trump said the ceasefire with Iran was over, following renewed strikes in the Middle East.

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.

US President Donald Trump said Wednesday the ceasefire with Iran was "over" following major exchanges of fire between US forces and the Islamic republic. Trump blasted Iran as…

Crude oil prices spike over 6% after Trump declares the ceasefire with Iran "over," raising geopolitical tensions.