Thursday saw oil prices rise, U.S. government yields rise, and global share markets revert as President Donald Trump shattered hopes for a quick Middle East war settlement.

Brent crude rose over 7% to $110 a barrel after Trump threatened to “bring them back to the Stone Ages” in a prime-time address on Wednesday.

Stocks began down on Wall Street on Friday after markets were closed for Good Friday. Asian and European stocks fell.

Expectations of inflation causing central banks to raise or maintain interest rates led to a rise in government bond yields. Trump claimed Wednesday that the U.S. did not need the oil route and that it will open organically after the fight.

The 10-year U.S. note yield declined 2.8 basis points to 4.293%. The 2-year note yield, which normally tracks Federal Reserve interest rate predictions, dropped 1.1 basis points to 3.792%.