A renewed surge in oil prices pushed government bond yields higher and weighed on global stocks and gold as fresh U.S.-Iran fighting revived concerns over prolonged disruption to energy flows through the Strait of Hormuz.

NEW YORK/LONDON, Sept 1 : Global bond yields rose on Tuesday, extending a broad-market selloff in government debt fed by inflation fears, while oil prices surged to five-week…

U.S.-Iran strikes reignite fears of a prolonged Middle East conflict as Hormuz tensions push regional oil benchmarks above $100.