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Global Oil prices surge as Trump's Iran doctrine rattles investors

Apr 2, 2026Right

President Donald Trump's late-night TV address to the nation regarding the US-Iran war has sent global markets spiraling.

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Stocks sink, oil prices rise after President Trump’s Iran war speech

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The stock market opened with losses Thursday morning and oil prices shot higher in the wake of President Trump’s speech on the Iran war. The Dow Jones Industrial Average was down roughly 600 points after the Thursday opening bell, falling 1.3 percent on the morning. The S&P 500 index was also down 1.3 percent and…

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