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Tuesday, December 16, 2025

US Stocks Sink, Oil Prices Spike After Israel Strikes Iran

Date:

Markets

‘This has the potential to be a fast-moving situation,’ says one market analyst.

US Stocks Sink, Oil Prices Spike After Israel Strikes Iran

Wall Street in New York City on April 4, 2025. Samira Bouaou/The Epoch Times

Andrew Moran

Andrew Moran

|Updated:

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Global financial markets are in turmoil on the heels of Israel’s full-scale strikes on Iran, targeting the nation’s nuclear facilities and military leadership.

U.S. stocks plunged on June 13, with the leading benchmarks down by about 1 percent.

Andrew Moran

Andrew Moran

Author

Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of “The War on Cash.”

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