The U.S. bombing of Iran has left oil markets in a frenzy, with prices skyrocketing as traders grapple with uncertainty. Key points include:

• Market Reactions: Stocks are slumping while oil prices jump, reflecting heightened tensions.
• Economic Impact: Analysts warn of a potential war shock affecting America's economy.
• Global Response: Despite regional tensions, some Gulf markets remain surprisingly resilient.

Here's the full scoop.