Markets are falling as bond yields climb and oil keeps rising, and European troops are now heading to the Gulf — bad news for consumers, investors, and anyone hoping the Middle East conflict stays contained.

• Bond yields hit new highs, dragging stocks down for a third day.
• Oil is above $100 and US gas prices are heading toward $5, with mortgage rates back at 7%.
• France is sending troops, radars, and air defenses to protect Saudi oil facilities from Houthi missiles, following the UK.
• Russia may be preparing to mobilize 300,000 more troops, according to European and US intelligence.
• Starbucks is closing 250 North American stores, a sign that tariffs and thinner wallets are biting.

Outlook: With oil and borrowing costs still climbing and more countries drawn into the Gulf, the pressure on prices and markets looks set to continue.