Oil jumps, stocks slide ahead of U.S. stock market open as Iran war rounds one month - NBC News

Oil prices surged and stock futures declined ahead of the U.S. market open as conflict with Iran enters its second month. The escalation has rattled markets, with investors bracing for potential supply disruptions in a region critical to global energy flows and heightened geopolitical risk. Higher oil prices typically squeeze corporate margins and consumer spending, creating a drag on equities during periods of uncertainty. The Iran conflict has already reshaped commodity markets, with crude serving as a barometer for broader Middle East tensions. Traders are monitoring whether the administration responds with additional military action or diplomatic intervention that could further destabilize energy markets.