US Stocks Tumble Amid Escalating Middle East Conflict, Rising Oil Prices, and Surging Treasury Yields.

Escalating US-Iran conflict drives up oil prices, while surging US Treasury yields hit US stocks. Energy stocks like ConocoPhillips and ExxonMobil rise, but the broader market remains sluggish. US import prices see largest increase since 2022, and a criminal investigation into Fed Chair Powell impacts Kevin Warsh's succession as Fed chair. Cryptocurrencies continue to consolidate as investors remain on the sidelines.