Brisbane Times · general

Wall Street stocks drop as oil prices surge amid Iran war uncertainty

11 days ago

Wall Street stocks fell as oil prices surged amid ongoing uncertainty over the Iran war. The S&P 500 dropped 1.2 percent, while crude oil prices climbed near $120 per barrel, exacerbating inflation concerns. The Australian stock market is set to decline by 0.9 percent at the open, reflecting broader market distress.

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Summary by Glance · Original reporting by Brisbane Times

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