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U.S. stocks and bonds sold off and oil prices continued rising Thursday morning, as optimism faded about possible U.S.-Iran peace talks or a ceasefire.
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Amid the Iran war, higher gas prices could offset the bigger tax refunds from President Donald Trump's "big beautiful bill," according to some analysts.
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Fashion retailer Next has accounted for millions in additional costs likely to arise from the Middle East conflict
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Oil prices rose after Iran signaled it had no intention of holding direct talks with the United States.
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;Resize=(620)) While Qatar is one of several Gulf region countries targeted by Iranian missiles, civilians there have not faced the same level of violence as people in other parts of the Middle East.
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Oil prices have been rocked by volatility since the U.S.-Iran war began.
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Iran has severely damaged several American military bases in the Middle East, officials say.
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Oil prices fell after Donald Trump that Washington and Tehran are "in negotiations right now" and indicated Iran is keen to reach a peace agreement.
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U.S. stocks rose Wednesday and global oil prices fell, as traders and investors were buffeted by constant headlines about the war in Iran.
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