Market Report - US

US open: Stocks sink as oil surges, Middle East tensions escalate

By Iain Gilbert

Date: Thursday 12 Mar 2026

(Sharecast News) - Major indices were firmly in the red early on Thursday as oil prices continued to trend upward despite the International Energy Agency's move to release 400m barrels of oil amid supply disruption stemming from the US and Israel's ongoing conflict with Iran.
As of 1500 GMT, the Dow...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page