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  • 12 hours ago
Oil prices are climbing again as U.S.-Iran tensions flare, rattling markets but stopping short of the sharp swings seen earlier in the conflict.

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00:00Oil prices are climbing again as U.S.-Iran tensions flare, rattling markets but stopping
00:05short of the sharp swings seen earlier in the conflict. The S&P 500 dipped slightly from record
00:11highs while Brent crude surged on renewed fears that flows through the Strait of Hormuz could
00:16be choked off. Travel and airline stocks, including Norwegian Cruise Line Holdings
00:21and American Airlines, fell as rising fuel costs and uncertainty weigh on the sector.
00:26Even so, resilient corporate earnings and lingering hopes for a ceasefire
00:31are keeping Wall Street relatively steady.
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