Iran conflict concerns lead to rising oil prices and falling stock markets

Stock futures fell sharply and energy prices surged as fears escalated over the ongoing conflict involving Iran, with President Trump suggesting the military operations could extend for weeks. Iran’s retaliatory strikes have targeted U.S. embassies and oil facilities, severely disrupting shipping through the Strait of Hormuz. Crude oil prices rose significantly, with U.S. prices increasing over 13% since Sunday, while natural gas prices also spiked amid production halts by QatarEnergy. Global markets reacted negatively, with major indexes in Europe and Asia experiencing steep declines.

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