The Chonkerton

Shortsighted stock market can no longer brush off war: 'It's too hard to ignore $100 oil'

business

As oil prices crossed one hundred dollars per barrel on Thursday amid escalating U.S.-Iran tensions, the stock market tumbled, CNBC reports. For weeks, equities had absorbed the geopolitical turmoil with barely a wobble—but investors say that changed when oil hit that threshold.

Source: https://www.cnbc.com/2026/07/23/short-sighted-stock-marke...

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