Trump Triggers Market Selloff With Iran War Push, Oil Jumps 11%

Markets dropped and oil spiked after President Donald Trump signaled the Iran war would continue without a clear endgame, rattling investors expecting de-escalation.

The speech raised new concerns about how long the conflict could last and who pays for it, especially as no direct economic justification for U.S. households was outlined.

According to Reuters and The Guardian, stocks fell globally while oil surged past $110 per barrel, driven by fears that the Strait of Hormuz could remain blocked and disrupt global supply.

The Dow fell roughly 400 points, while analysts warned the mix of rising energy costs and slowing growth could trigger “warflation,” a scenario already hitting fuel prices and supply chains.

Investors had been pricing in a quicker resolution, but Trump instead vowed continued strikes, increasing uncertainty.

Economists now warn the longer the conflict drags on, the more pressure builds on inflation, interest rates, and everyday consumer costs.

Markets are bracing for more volatility in the days ahead.

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