https://www.live-feeds.com/feed/oil-prices-surge-after-u-s-renews-iran-strikes-heightening-inflation-fearsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/oil-prices-surge-after-u-s-renews-iran-strikes-heightening-inflation-fearshttps://www.live-feeds.com/feed/oil-prices-surge-after-u-s-renews-iran-strikes-heightening-inflation-fears#u55484Thu, 03 Sep 2026 10:11:45 +0000Global oil prices have climbed above $94 per barrel after the U.S. conducted strikes against Iran in the Strait of Hormuz. The military escalation has triggered a broader market selloff, causing Dow and Nasdaq futures to sink and bond yields to surge as investors fear renewed inflation. The U.S. dollar strengthened amid the instability. Market volatility is further driven by reports of attacks on shipping vessels in the region, pushing Brent oil toward $95 per barrel.Why it mattersThe Strait of Hormuz is a critical chokepoint for global energy supplies. Military conflict in this corridor typic