WorldOil Tankers Struck in Strait of Hormuz as Iran War Escalates

Global bond yields returned to their highest level in nearly two decades as higher oil prices intensified inflation fears and investors increased bets on interest-rate hikes. Maritime security consultant Marisks said two supertankers were hit by unknown projectiles in rapid succession while passing through the Strait of Hormuz. President Donald Trump dismissed concerns that the Iran conflict was depleting US firepower.