Global markets experienced volatility on Wednesday due to concerns over the conflict with Iran. President Donald Trump's comments about the ceasefire agreement raised doubts, leading to a drop in stock markets.

The S&P 500 index initially fell by 1.1% but later reduced its loss to 0.3%. The Dow Jones Industrial Average saw a significant decline, while the Nasdaq composite ended with a slight gain.

Oil prices also rose, with the price of Brent crude increasing by 5.2% to $78.02 per barrel. For more information on the current situation and its potential impact, readers can refer to the full report from KSAT 12.