Stocks sink as oil price rises and conflict deepens

Stock futures fell across the board on Thursday as markets assessed White House promises of a quick and tidy conflict with Iran versus the reality of a historic shock

Michael M. Santiago/Getty Images

U.S. stock futures are sliding Thursday morning, with the Dow off by 400 points, the S&P down 0.7%, and the Nasdaq $NDAQ also sinking 0.7%.

The culprit? Oil prices, rising as the U.S. war on Iran intensifies and appears set to defy the White House’s prediction of a quick and tidy conflict.

Oil news sees stocks sink

The International Energy Agency's monthly report, released just yesterday, has described the ongoing crisis in the Strait of Hormuz as "the largest supply disruption in the history of the global oil market." Crude and oil product........

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