Oil prices jump over 5% after Trump suggests ceasefire with Iran has ended following fresh US strikes – as it happened

The Guardian8 jul 2026Macro
Automatisch samengesteld met AI uit de vermelde bronnen

Brent crude climbed 5% to $77.86 a barrel, while the FTSE 100 fell 1%, Germany’s Dax dropped 1.6%, and the S&P 500 slipped nearly 0.5%. Eurozone government bond yields rose, with the German 10-year yield up 5 basis points to 3.034%, its highest since 11 July, as higher oil prices fanned inflation concerns; the UK’s 10-year gilt yield climbed 9 basis points to 4.94%.