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Choppy trading in stocks and bonds also reflected anxiety among investors about the war's effects on inflation and growth.
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The United States launched new airstrikes against Iran early Thursday, and Tehran responded by targeting Bahrain, Kuwait and Qatar in crossfire that again threatened an interim deal intended to help end the war.
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Ukraine's deep drone strikes on Russian refineries are reshaping the war and pushing NATO toward a $40 billion counter-drone plan.
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The price for a barrel of Brent crude oil, the international standard, rose to about $79 US on Wednesday following the resumption of strikes in the Middle East. Major U.S. indexes also followed global markets on a downward trajectory.
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