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Middle East Tensions Escalate: Dow Futures Plunge 800+ Points as Oil Prices Surge
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Dow Futures Plunge 800 Points as Iran War Escalates, Oil Prices Spike
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CNBC TV18
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02-03-2026, 14:08
Dow Futures Plunge 800 Points as Iran War Escalates, Oil Prices Spike
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US stock futures tanked as the Iran-US conflict escalated into a full-blown war across the Middle East.
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Dow Jones futures are down 800 points, S&P 500 futures down 110 points, and Nasdaq futures down 500 points.
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Crude oil prices spiked by up to 12%, now up over 9% after reports of a drone strike at a Saudi Aramco facility.
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Haven assets like Gold and Silver saw subdued gains of up to 2%, despite Friday's sharp surge.
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Conflict shows no signs of de-escalation, with Donald Trump vowing revenge and Iran continuing retaliatory attacks.
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