Stocks and sovereign debt sold off across the globe as markets sharply adjusted to the conflict. Oil prices climbed further and gas prices continued to surge.

This selloff reflects deepening fears that the conflict could escalate, disrupting global energy supplies and pushing inflation higher. Middle East conflict entering its fourth day has investors scrambling for safety, driving oil prices toward $100 a barrel. The market reaction underscores how geopolitical risks can rapidly undermine economic stability, particularly in regions heavily reliant on energy imports.