Stocks and bonds fell as oil prices jumped after clashes over the Strait of Hormuz raised concerns about a disruption in energy supplies that could fuel inflation, according to Bloomberg.
A standoff between the US and Iran helped lift crude, adding to worries that higher energy costs could keep inflation elevated and bolster expectations for Federal Reserve rate hikes.
STOCKS | Stocks, Bonds Fall as Oil Jump Fuels Fed-Hike Bets
2026-07-13 19:01:37
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