EconomyUS stocks fall as oil swings on renewed fears over Iran war

Wall Street closed lower on Wednesday as oil prices first rose on concerns about Middle East supply disruptions, then fell after IEA members said they were ready to release more reserves. Treasury yields reached 24-year highs amid fears that expensive oil could fuel inflation and higher interest rates. A maritime agency reported nine tanker attacks in the Strait of Hormuz this month.

US stocksoil pricesStrait of HormuzIran war

AAl Jazeera★★★★☆2026-10-08 00:33Original