markdown Market Turmoil Amid Conflict Surge in Crude Oil Prices The ongoing conflict with Iran has driven significant market turbulence. Notably, U.S. crude oil experienced an unprecedented weekly gain. Futures trading saw prices soar, closing at $91.27 a barrel—a whopping increase of over 35% since hostilities commenced. Stock Market Reactions Meanwhile, the stock markets weren’tOil Costs Rise and Markets Decline Amid Iran Conflict Impact on U.S. Economy