Macro Finance
Oil prices hit $105 and stocks trade lower as Trump considers renewed strikes on Iran
NBC Business·October 8, 2026·1 min read
Oil prices jumped sharply as President Donald Trump weighed whether to resume large-scale U.S. military operations in Iran during the coming weeks. The surge pushed crude to $105 a barrel, while stocks traded lower amid geopolitical tensions. Investors are bracing for potential supply disruptions if strikes proceed, impacting global energy markets.
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