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Stocks Slide, Oil Surges 3% on Renewed US-Iran Conflict

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • US equities dropped and oil prices surged nearly 3% as renewed military hostilities between the US and Iran escalated geopolitical tensions.
  • Concerns over potential supply disruptions in the Strait of Hormuz boosted energy markets, overshadowing positive news for Nvidia.
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