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Hope for a de-escalation in the conflict was most evident in the energy market, where oil prices fell more than 7 percent.
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President Trump, aware of how high gas prices could affect his popularity, demanded on social media that the U.S. "KEEP OIL PRICES DOWN."
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US Stock Futures Rise as Fears of Oil Shock Recede: Markets Wrap BloombergOil Prices Climb as Traders Gauge Fallout From U.S. Strikes on Iran The New York TimesOil Price Shock From U.S. Strikes on Iran Could Stoke Stagflation Risks Barron'sStock Market Today: Dow, Nasdaq Slip and Dollar Gains After U.S. Strikes Iran; Oil Futures Edge Up — Live Updates WSJ
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Oil Prices Climb as Traders Gauge Fallout From U.S. Strikes on Iran The New York TimesWhat is the Strait of Hormuz and why is it so significant? CNNStock futures tick higher despite the U.S. bombing of Iran as oil increase is muted: Live updates CNBCOil prices jump after U.S. strike on Iranian nuclear facilities
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