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A U.S. attack or a move to seize control of Iran's main oil export hub could cripple the country's ability to profit from its natural resources. But it would also risk sending energy prices even higher.
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President Trump had previously said "numerous countries" would help reopen the Strait of Hormuz.
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Beyond the $100 barrel, there are "second-round" effects that can hit your portfolio.
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Spiking oil prices fuel a rush to gas-saving apps
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Asian Stocks Rise Led by Technology, Oil Rebounds: Markets Wrap Bloomberg.comStock market today: Dow, S&P 500, Nasdaq jump to start week, oil slides amid Trump's warning to allies on Iran Yahoo FinanceFutures slip as oil prices fuel inflation worries ahead of Fed meeting USA TodayUS stocks climb to their best day since the Iran war began after oil prices ease AP News
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S&P 500 closes higher as oil price gains temper rebound from Iran conflict turmoil CNBCOil prices resume their rise, but stocks hold steadier this time around Los Angeles TimesWall Street climbs as traders focus on Fed ReutersStock Market Today: Dow Advances, Oil Gains Amid Mideast Attacks — Live Updates WSJ
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Olive Garden parent Darden Restaurants reports earnings this week amid concerns over rising oil prices and a strike at a large U.S. meatpacking plant.
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The Arizona charges are the first criminal charges to have been filed against Kalshi, though the company is embroiled in multiple lawsuits over its predictions platform.
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Wall Street bets on a March end to the Iran conflict — but Tehran is playing for a November U.S. regime change.
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