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Stock Markets Dip as Oil Prices Surge Amid Iran Conflict

3/15/2026

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Story summary
  • On March 13, 2026, United States stock indexes declined as oil prices rose amid the Iran conflict.
  • The S&P 500 fell 0.6%, the Dow Jones dropped 0.3%, and the Nasdaq slipped 0.9%.
  • Brent crude closed at $103.14 per barrel as disruptions through the Strait of Hormuz signal a monthly increase and higher inflation risk.
  • Analysts warn sustained high oil prices could strain the global economy and shape interest-rate expectations.