World shares showed mixed performance as oil prices surged following recent US strikes on Iranian rocket launchers. Stock futures for the Dow, S&P 500, and Nasdaq fell amid growing concerns over inflation and rate hike expectations, influenced by remarks from Fed officials. The escalating conflict between the US and Iran is weighing heavily on investors, with bond yields reaching multi-year highs. While some Asian markets ended higher, most reacted negatively to the geopolitical tensions and rising oil prices. Analysts remain cautious as the market adjusts to these developments, heightening fears of further volatility.