Euro area bond yields adjust as inflation worries subside post-oil price stabilization. Meanwhile, Iranian missile strikes on Israel raise global conflict fears. Analysts suggest potential economic impacts from oil price shifts,

US Treasuries are down since tensions between Israel and Iran turned into a direct conflict on Friday and selling pressure is likely to have a lasting effect if past episodes of clashes are any guide.

International crude oil prices jump as Israel-Iran conflict sparks fears of inflation and supply issues in India and global markets

Oil prices jumped on Wednesday as a U.S.-China trade deal and soft inflation report boosted demand expectations and geopolitical concerns sparked fear of supply disruptions.

NEW YORK — Oil prices are creeping higher and raising concerns about the impact on inflation’s cooling trajectory, consumers’ wallets and the Federal Reserve’s interest rate policy.

U.S. President Donald Trump expressed frustration on Thursday that oil prices have risen amid supply concerns from potential conflict in the Middle East. Both global and U.S. oil prices surged more than 4% on Wednesday to their highest levels since early April before easing a bit on Thursday.