The latest developments in the Iran conflict have triggered market shifts, with U.S. airstrikes near the Strait of Hormuz intensifying regional tensions and undermining hopes for a diplomatic resolution. Stock indices showed declines, as S&P 500 futures dropped 0.2% and Nasdaq 100 contracts fell 0.3%. Oil prices surged, with Brent crude rising 2.9% to approach $97 per barrel, while global bond markets reacted negatively amid growing inflation concerns. The escalation underscores ongoing uncertainty about the conflict's trajectory and its economic implications.
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