Oil prices leaped Monday on worries that war... ... LIVE: Iran Claims Massive Attack on US base in Bahrain
2026-03-03 01:08:402026-03-03 01:08:40
Oil prices leaped Monday on worries that war with Iran could clog the global flow of crude and make inflation even worse. U.S. stocks, meanwhile, swung between sharp losses and small gains.
Crude prices jumped more than 6%, which will likely mean higher prices soon at gasoline pumps. That would hurt not only U.S. households, whose spending makes up the bulk of the U.S. economy, but also businesses with big fuel bills.
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