Energy shock from Middle East war raises stagflation fears across global markets
Donald Trump
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Analysts say Middle East battlefield reflects broader rivalry among the U.S., Russia, and China
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U.S. president says conflict could end only when Tehran loses its leadership and military
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Oil surges past $90 as Washington rules out negotiations and Tehran faces leadership vacuum
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Trump rejects Iran deal while unexpected U.S. job losses deepen market anxiety
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Brent tops $84, European gas spikes 70%, and bond yields climb as markets price prolonged conflict
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Gold and defense stocks rally while tech and banks sink on war fears
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Middle East airspace closures rattle global travel and fuel-cost outlook
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Air raids, regime-change rhetoric and oil chokepoints rattle markets from Gulf hubs to Wall Street
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1,600+ flights canceled as Dubai hub shuts, airspace closures ripple worldwide