US Stock Market | Wall Street ends sharply lower as Iran war intensifies, crude price soars

All three major U.S. stock indexes slid more than 1.5% in a broad selloff, with everything but energy and some defensive stocks suffering steep percentage losses. The S&P 500 notched its biggest three-day ‌percentage drop in a ⁠month. Iran's Supreme ⁠Leader Ayatollah Mojtaba Khamenei vowed to keep the crucial Strait of Hormuz shut, and the International Energy Agency (IEA) warned the war on Iran was creating the largest-ever oil supply disruption, feeding fears of mounting inflation pressures. Front month ...