A recent US military action against Iran has had an impact on financial markets. The price of oil increased following the action, which was the first in a month. At the same time, stocks on Wall Street experienced a decline.

The US action targeted Iranian sites in the Strait of Hormuz. This move has led to a rise in oil prices and a fall in stock values. Further details about the situation and its effects on the markets are available from the source, providing more information about the recent developments and their implications.