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Oil jumps to $100 per barrel, stocks sink amid Iran war

Oil jumps to $100 per barrel, stocks sink amid Iran war

NEW YORK — With no clear end in sight, the war with Iran sent oil prices back to $100 per barrel on Thursday, and stocks sank worldwide.


What You Need To Know

  • Worries about the war with Iran sent oil prices back to $100 per barrel and stocks sinking worldwide
  • The S&P 500 fell 1.5% Thursday and returned to big swings following a couple days of relative calm
  • The Dow Jones Industrial Average dropped 1.6%, and the Nasdaq composite sank 1.8%
  • The center of action was again the oil market, where the price of a barrel of Brent crude got as high as $101.59

The S&P 500 fell 1.5% and resumed its sharp swings following a couple days of relative calm. The Dow Jones Industrial Average dropped 739 points, or 1.6%, and the Nasdaq composite…

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