Oil Prices Soar Past $100 Amid US-Iran Conflict
Stocks fell on Wall Street on Wednesday as the price of Brent crude oil surpassed $100 a barrel for the second time this year, amid escalating tensions in the U.S. war with Iran.
The surge in oil prices weighed heavily on investors' minds, causing stocks to decline across various sectors.
While the exact impact of the rising oil prices on the market is still uncertain, analysts are closely monitoring the situation for any signs of a potential downturn.