Macro Finance
Oil prices hit $105 and stocks tumble as Trump considers renewed strikes on Iran
NBC Business·October 8, 2026·1 min read
Oil prices jumped sharply and stocks tumbled as President Donald Trump weighed whether to resume large-scale US military operations in Iran during the coming weeks. The potential for renewed strikes on Iran has heightened energy-supply risks, driving crude prices higher and spooking equity markets amid fears of broader regional conflict and inflationary pressure.
Read at NBC BusinessDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.