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Business News

Oil prices surge and stocks fall as Iran escalates shipping attacks

Oil prices surge and stocks fall as Iran escalates shipping attacks

By Max Zahn, ABC NewsMarch 12, 2026 at 8:53 am CDT

Inflation report to be released as Iran war sends gas prices surging

Inflation report to be released as Iran war sends gas prices surging

Anthropic sues Trump administration after clash over AI use

Anthropic sues Trump administration after clash over AI use

Stocks tumble as oil climbs above $100 per barrel

Stocks tumble as oil climbs above $100 per barrel

Dow drops 650 points as Iran war sends oil prices surging

Dow drops 650 points as Iran war sends oil prices surging

Jobs report shows US unexpectedly lost jobs in February

Jobs report shows US unexpectedly lost jobs in February

Investors send stocks tumbling, Dow plunges 900 points

Investors send stocks tumbling, Dow plunges 900 points

Dow falls 1,000 points as Iran War escalates

Dow falls 1,000 points as Iran War escalates

Stocks slide after Iran attack

Stocks slide after Iran attack

US and Israeli strikes on Iran could rattle oil markets

US and Israeli strikes on Iran could rattle oil markets

US mortgage rates drop below 6% for the 1st time in nearly 4 years

US mortgage rates drop below 6% for the 1st time in nearly 4 years

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