Dow futures plunge nearly 400 points as U.S. attack on Iran sends oil prices soaring
Dow futures dropped nearly 400 points after the U.S. launched an attack on Iran, rattling financial markets. Oil prices surged sharply in response, reflecting investor concern over potential supply disruptions and regional escalation.
Why it matters
Military conflict involving a major oil producer can drive energy costs higher and ripple across global markets and everyday prices.
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Sources
- Fortune