Oil Breaks $100 a Barrel as Wall Street Faces Steepest Monday Open in Years
Brent crude topped $100/barrel for the first time since 2022, Dow futures sank 900 points and Asian markets plunged 6% as the Iran conflict entered its tenth day.
Brent crude topped $100/barrel for the first time since 2022, Dow futures sank 900 points and Asian markets plunged 6% as the Iran conflict entered its tenth day.
Brent crude topped $100/barrel for the first time since 2022. Dow futures plunged 900 points and the Nikkei fell 6.1% as the Iran conflict entered its tenth day.
The Dow posted a 3% weekly loss — its worst since April 2025 — as WTI surged 35% to $90/bbl on Iran war escalation and February payrolls shed 92,000 jobs.
The Dow fell 1.61% to 47,954.74 — negative YTD — as Iran's Hormuz tanker attack sent WTI crude above $82, its highest since July 2024, and Treasury yields climbed to 4.13%.
US Market Updates provides data-driven analysis of American equities, Federal Reserve policy, sector performance, and key economic indicators. Our coverage is sourced from exchanges, the Federal Reserve, and government statistical agencies — written for readers who demand substantive market intelligence beyond the headlines.