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Today's Brief/Thursday, 11 June 2026/๐Ÿ“ˆ Stocks & Economy
๐Ÿ“ˆ Stocks & Economy๐Ÿ‡ฎ๐Ÿ‡ณ India

Trump Strikes Iran Again โ€” Oil Jumps and Markets Wobble Worldwide

Yahoo! FinanceยทThursday, 11 June 2026

US stock futures tumbled after reports emerged that the US struck Iran, hours after President Trump said negotiations were taking 'too long.' The Dow dropped almost 1.9%, the S&P 500 shed 1.6%, and the Nasdaq fell nearly 2%. Chip makers including Nvidia, which lost more than 3.5%, continued to drag markets lower.

Why It Matters

India imports a large share of its oil, so any spike in crude prices driven by Middle East conflict hits Indian consumers and businesses through higher fuel and transport costs.

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