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Dow plunges 1,000 points as oil, gas prices surge after Iran orders Strait of Hormuz closure

By New York Post March 03, 2026 Bearish
Dow plunges 1,000 points as oil, gas prices surge after Iran orders Strait of Hormuz closure
The Dow tumbled more than 1,000 points on Tuesday after gasoline prices spiked overnight and oil rocketed above $83 a barrel as the widening conflict in Iran began to disrupt global energy supplies.
The Dow tumbled more than 1,000 points on Tuesday after gasoline prices spiked overnight and oil rocketed above $83 a barrel as the widening conflict in Iran began to disrupt global energy supplies.