Global stocks rallied as Fed officials eased fears of a September rate hike, while oil prices rose amid renewed US-Iran fighting and inflation concerns.

(Bloomberg) -- A surge in oil prices rippled through global markets, hitting stocks and bonds on worries that higher energy costs will fuel inflation and force the Federal Reserve…

US stocks started September lower as rising oil prices and Treasury yields heightened inflation and rate concerns. Renewed U.S. strikes on Iranian targets pushed crude higher,…