Oil Prices Surge and Stocks Plunge Amid Israel-Iran Escalation

Reported 1 day ago

Oil prices rose sharply by 7% while stock markets fell significantly after Israel launched attacks on Iran, leading to fears of a broader conflict. The tensions caused investors to retreat to safe havens, pushing gold prices higher. The Dow dropped nearly 770 points, while energy and defense stocks saw gains amid rising geopolitical risks.

Source: YAHOO

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