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Tensions between Iran and the U.S. on Wednesday sent Asian stocks lower overnight, and European equity markets look set to follow suit.
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Asia-Pacific markets open lower amid renewed tensions between Iran and the U.S. and worries that the conflict may keep inflation elevated.
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Plumes of thick black smoke rose over St. Petersburg, President Vladimir Putin's hometown, as the Kremlin welcomed international guests for an event often described as Russia's Davos.
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One person was killed and dozens were injured at Kuwait's international airport. Tehran denied it had struck the airport.
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U.S. Treasury yields increased Wednesday as traders await new economic data amid ongoing Middle East tensions.
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Iran launched a deadly new set of attacks in the Persian Gulf on Wednesday as it traded strikes with the United States, the latest exchange to threaten the fragile ceasefire and stalled peace talks between the two countries
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