Tuesday, March 3, 2026

Breaking: Stocks tumble, oil prices soar as investors brace for impact of a widening Iran war

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Tue Mar 3 2026

Oil prices soar, Dow plunges more than 1,000 points amid Iran conflict

NEW YORK, NEW YORK - MARCH 02: Traders work on the floor of the New York Stock Exchange (NYSE) on March 02, 2026 in New York City. Markets were down sharply across the world following the weekend U.S. and Israeli attacks on Iran, with oil prices rising and the Dow falling over 500 points after the opening bell. (Photo by Spencer Platt/Getty Images)

U.S. oil prices hit 2024 highs and stocks tumble as the Iran conflict escalates, threatening global markets and inflation.

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