Image: TS2 TechUS Stocks Decline Sharply as Oil Prices Surge Over 4% on Iran-US Conflict Escalation
β’ S&P 500 dropped 0.80%, Dow Jones fell 0.83%, and Nasdaq 100 declined 0.98% in early trading on March 24, 2026, amid Middle East tensions. β’ Crude oil surged over 4% to $91.80, up $3.67, as Iran's parliament speaker Mohammad Bagher Qalibaf denied US negotiations, contradicting President Trump's claims of productive talks. β’ Citi analysts warn prolonged conflict could push oil to $200 per barrel, heightening inflation fears and pressuring equities.
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