Dow drops 332 points as oil jumps and Treasury yields hit fresh 16-year highs

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Rocket barrages launched towards Israel from Gaza.
Rocket barrages launched towards Israel from Gaza.

REUTERS

Gasoline prices fall as weakening demand sends refining margins crashing

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Gas pumps
Gas prices have been falling amid weak demand.

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US stocks rise amid diplomatic efforts to ease the Israel-Hamas conflict

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Biden
President Joe Biden.

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A bigger war in Israel would send oil prices skyrocketing and hurt the economy's chances of avoiding a recession

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Gas prices at a Shell station on September 19, 2023 in Burbank, California.

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US stocks climb as trader nerves settle amid the continuing Israel-Hamas conflict

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Barclays Traders NYSE

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Oil spikes 4% as geopolitical tensions stoke fears of a supply disruption

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oil rig
The Bouri oilfield, Libya's biggest offshore field, is seen 130 km (81 miles) north of Tripoli October 9, 2013.

REUTERS/Ismail Zitouny

Oil prices at $100 a barrel look too high for global demand to sustain

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Gas pump

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Here's why oil prices have seen wild swings lately, clouding the outlook for inflation

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Oil refinery

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If the Israel-Hamas conflict expands, the global economy could weaken as inflationary pressure piles up, Mohamed El-Erian says

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Mohamed el-erian

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Gasoline prices are heading lower after Saudi Arabia pushed oil prices too high and crushed demand, analyst says

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gas pump prices cars

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