US-Iran Conflict Sends Oil Prices Soaring, Stocks Plummet

Stocks fell on Wall Street Wednesday as crude oil prices surged back above $100 a barrel, fueled by further escalation in the US-Iran conflict.

The price of crude oil has been volatile in recent months, and this latest jump was likely driven by concerns over supply disruptions due to the ongoing war.

Specialists on the floor of the New York Stock Exchange were seen working diligently as stocks fell, a stark contrast to the optimism that often accompanies rising stock prices.