Market Updates
Global Markets Rattled and Energy Prices Soared After U.S. Attacked Iran
Barry Adams
02 Mar, 2026
New York City
Stock market indexes around the world declined, crude oil surged, and gold jumped as the U.S. and Israel attacked Iran over the weekend.
The unprovoked strikes rattled global sentiment, and crude oil prices jumped as much as 7% and natural gas prices soared more than 20% in Europe amid rising fears of supply disruptions.
Benchmark indexes in Japan, India, and Hong Kong dropped between 1% and 2%, and in Europe, they fell more than 1% as investors avoided riskier assets.
The killing of Iran's Supreme Leader Ayatollah Ali Khamenei over the weekend raised stakes too high in the region, and Iran stepped up its attacks on the U.S. military bases in the UAE, Kuwait, Iraq, Syria, Jordan, and Saudi Arabia.
The fears of prolonged conflict in the Middle East engulfing a wider list of nations kept stock markets on edge and drove oil and gas prices higher around the world.
U.S. Movers
A sustained closure of the Strait of Hormuz could ripple through global oil markets and stoke inflationary forces worldwide.
Exxon Mobil gained 3.8% to $158.11, Chevron Corp. advanced 3.5% to $193.40, BP PLC increased 0.4% to $39.03, and TotalEnergies SE edged up 0.9% to $81.06, and ConocoPhillips jumped 2.4% to $119.40.
Annual Returns
| Company | Ticker | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|