Oil prices rise and bonds wobble as Iran war stokes inflation fears

Oil prices rose and global bonds wobbled on Monday, as fresh tensions in the Middle East fed inflation fears and bets that central banks will have to increase interest rates. Brent crude, the international benchmark for oil, rose on Monday, after an attack on a nuclear power plant in the United Arab Emirates. It came as peace talks between the US and Iran stalled in the sixth week of ceasefire. Donald Trump wrote on social media: “For Iran, the Clock is Ticking, and they better get moving, FAST, or there won’t be anything left of them. TIME IS OF THE...