Fed minutes, Iran strike talk push yields up, Brent above $102

Fed minutes signal December rate hike, with market odds at 94%, driving bond yields to multi-decade highs and global equities lower. Concurrently, reports of White House considering military options against Iran pushed Brent above $102 per barrel. The combination of tightening monetary policy and geopolitical risk is pressuring risk assets, with uncertainty over the scale of any potential strike and its impact on oil supply.