Oil Price Spike Drives Market Sell-Off Amid Geopolitical Tensions and Trump Tariffs
Rising oil prices due to geopolitical tensions in the Red Sea triggered a market sell-off as investors worried about inflationary pressures. The S&P 500 and Nasdaq Composite saw their largest drops in over a month, with Brent crude topping $100 per barrel for the first time since May.
Topics: federal_reserve iran_tensions oil_prices stock_market_reaction