Markets

Precious metal down >10% since conflict began; real yields rise, rate-cut bets vanish, speculative froth evaporates

U.S President outlines five key goals met or nearly met; shifts Hormuz security burden to regional allies and users

10-year gilt yields surge to 5% amid energy shock; markets now price in multiple BoE hikes by year-end

Treasury signals potential release of 140 million barrels to cap near-term spike; analysts warn of $130+ if Hormuz stays shut

Dow drops 239 points, S&P and Nasdaq weaken amid $100+ oil and fresh Gulf strikes; quadruple witching adds volatility

Stoxx 600 erases early gains amid energy shock fears; UK gilt yields hit 17-year highs

Major economies step up as Iran war escalates with strikes on key LNG and oil facilities, pushing Brent to $113

Christine Lagarde walks back optimism; medium-term forecasts revised upward amid energy shock

Dow drops 432 points, S&P breaches 200-day average amid stagflation fears and stalled Hormuz reopening

Stoxx 600 sinks amid gold/silver sell-off and inflation fears; Equinor surges 8% on earnings and Arctic find