Home / News / India News / Photos / IN PHOTOS: US markets fall sharply as Iran war fears push oil prices higher

IN PHOTOS: US markets fall sharply as Iran war fears push oil prices higher

Updated On: 03 April, 2026 04:19 PM IST | Anushree Gaikwad

Stock market numbers were displayed as traders worked on the floor of the New York Stock Exchange during morning trading on Thursday in New York City. (PICS/ AFP)

  • WhatsApp
  • Twitter
  • WhatsApp
Stocks tumbled at the opening bell, with the Dow Jones Industrial Average plunging over 600 points, while the S&P 500 fell 1.3 pc and the Nasdaq Composite dropped 1.8 pc. PIC/ AFP

1/6

Stocks tumbled at the opening bell, with the Dow Jones Industrial Average plunging over 600 points, while the S&P 500 fell 1.3 pc and the Nasdaq Composite dropped 1.8 pc. PIC/ AFP
The decline came a day after US President Donald Trump said the Iran war would continue, pushing oil prices higher and rattling investor sentiment

2/6

The decline came a day after US President Donald Trump said the Iran war would continue, pushing oil prices higher and rattling investor sentiment

Oil rose more than 10 per cent and US futures tumbled Thursday after President Trump said in his first national address since the Iran war began that the US will escalate its campaign in the coming weeks

3/6

Oil rose more than 10 per cent and US futures tumbled Thursday after President Trump said in his first national address since the Iran war began that the US will escalate its campaign in the coming weeks

Futures for the S and P 500 tumbled 1.5 per cent before the opening bell, while futures for the Dow Jones Industrial Average lost 1.4 per cent

4/6

Futures for the S and P 500 tumbled 1.5 per cent before the opening bell, while futures for the Dow Jones Industrial Average lost 1.4 per cent

Thursday is the last day of trading this week due to the Good Friday holiday. Markets have not posted a weekly gain since the war began in late February

5/6

Thursday is the last day of trading this week due to the Good Friday holiday. Markets have not posted a weekly gain since the war began in late February

The price US crude on Thursday actually shot higher than the type of crude that has been bottled up by the near closure of the Strait of Hormuz

6/6

The price US crude on Thursday actually shot higher than the type of crude that has been bottled up by the near closure of the Strait of Hormuz

Tags

Photo of Day

Global AI leaders join PM Modi in a bid to push for a smarter, inclusive future

Global AI leaders join PM Modi in a bid to push for a smarter, inclusive future

PM Narendra Modi joins hands with Google CEO Sundar Pichai, OpenAI CEO Sam Altman, and others during the India AI Impact Summit 2026, in New Delhi. PIC/PTI

Advertisement