strait-of-hormuz
3 articles tagged "strait-of-hormuz"
Stocks Tumble as Iran's Leader Vows to Keep Strait of Hormuz Closed
Major US stock indexes fell more than 1.5% Thursday as oil prices surged back above $100 per barrel. Iran's new supreme leader threatened to keep the crucial Strait of Hormuz closed and warned that US bases in the region will be attacked unless they shut down.
Oil Hits $100 as Iran's Leader Vows to Keep Strait of Hormuz Closed
Global oil prices surged past $100 per barrel Thursday after Iran's new supreme leader threatened to keep the vital Strait of Hormuz closed. Major U.S. stock indexes fell more than 1.5% as energy concerns roiled markets worldwide.
Stocks Plunge as Iran Crisis Drives Oil Above $100 Per Barrel
Major U.S. stock indexes posted their worst closes of 2026 on Thursday as oil prices surged past $100 amid Iran's closure of the Strait of Hormuz. The Dow fell 1.56% while crude oil jumped nearly 10% on supply disruption fears.