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Oil Surges Toward $100 as U.S.-Iran Conflict Escalates; Equities Retreat — Knightron Crypto

Oil Surges Toward $100 as U.S.-Iran Conflict Escalates; Equities Retreat

Brent crude rallies on Middle East strikes while stock markets slide ahead of key inflation data; crypto gains modestly.

polished black oil barrel with a sculptural gold fin/spike emerging from its top, placed on a low, shallow fractured glass plane with scattered silver — editorial cover artwork for the Knightron story on Oil Surges Toward $100 As U.S. Iran Conflict Escalates; Equi

Market Snapshot

S&P 500 (SPY) — 765.96 (-0.55%) [Twelve Data] · Nasdaq 100 (QQQ) — 718.36 (-0.08%) [Twelve Data] · Dow Jones (DIA) — 528.03 (-1.13%) [Twelve Data] · Gold (GLD) — 399.72 (-1.73%) [Twelve Data] · Brent Crude — ~$99/bbl (+1.55%) [CNBC] · Bitcoin (BTC) — 79,160.77 (+0.88%) [Binance US] · Ethereum (ETH) — 2,501.73 (+1.47%) [Binance US]

Stock Markets

U.S. equities closed lower Tuesday as surging oil prices stoked inflation fears ahead of critical economic data releases. The S&P 500 fell 0.55% to 765.96, the Dow Jones dropped 1.13% to 528.03, and the Nasdaq 100 edged down 0.08% to 718.36, according to Reuters and CNBC.

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