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S&P 500 Drops Two Percent As Iran War Sends Oil Prices Up

Source: SeekingAlpha

2026-03-09 08:27:00 ET

Geopolitical events dominated the first trading week of March 2026. The start of U.S. and Israeli military operations against Iran prompted a sharp rise in oil prices as Iran's military launched ballistic missile attacks against Persian Gulf nations and threatened shipping traffic through the strategic chokepoint of the Strait of Hormuz....

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S&P 500 Drops Two Percent As Iran War Sends Oil Prices Up
SPDR S&P 500 ESG ETF

NASDAQ: EFIV

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