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Stock impact report

Oil surges, stocks tumble as fears of prolonged Iran war hit markets [MSNBC.com]

Lloyds Banking Group Plc American Depositary Shares (LYG) 
US:NYSE Investor Relations: lloydsbankinggroup.com/investors
Company Research Source: MSNBC.com
U.S. stocks tumbled and energy prices soared Tuesday asfears spread through global marketsThe S&P 500 and Nasdaq Composite both closed down around 1%, while the Dow wrapped up the trading session by falling more than 400 points.Earlier in the day, stocks faced steeper losses. At the lows earlier in the session, the S&P 500 declined as much as 2.5% and the Dow plunged 1,277 points. The Nasdaq was down as much as 2.7%.Follow live updates here.An offshore oil and gas platform in California in 2025.Mario Tama / Getty ImagesMeanwhile, energy prices continued to soar after posting a large jump Monday.Earlier in the day, U.S. crude oil traded higher by 8%, bringing its total increase since Sunday night to more than 13% and pushing prices to their highest since January 2025. The international crude oil benchmark also jumped sharply to its highest level since July 2024.However, later in the day Trump saidon Truth Social"If necessary, the United States Navy will begin escorting tankers through Show less Read more
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