Iran-Israel conflict: Oil jumps 4%, markets on edge
Oil prices surged approximately 4% as tensions escalated with Iran reportedly preparing a missile attack on Israel. This geopolitical distress also caused a significant dip in the S&P 500, with technology stocks like Apple, Nvidia, and Microsoft weighing down the index and the Cboe Volatility Index reaching its highest level in nearly a month.
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Oil prices surged approximately 4% as tensions escalated with Iran reportedly preparing a missile attack on Israel. This geopolitical distress also caused a significant dip in the S&P 500, with technology stocks like Apple, Nvidia, and Microsoft weighing down the index and the Cboe Volatility Index reaching its highest level in nearly a month. 
