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At close · Wed, Jul 22, 2026
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Home›Commodities›Energy›Oil prices above $100 per barrel drive equities lower…

Oil prices above $100 per barrel drive equities lower as war risks rise

Reported · Written up by our desk · Energy

CNBC reports that the stock market sold off on Thursday after oil prices moved above $100 per barrel as the U.S.-Iran war heated up again.

The outlet said equities initially had been flat despite the escalating conflict, but the move higher in crude became harder for investors to ignore.

CNBC’s coverage tied the renewed equity decline to rising energy price risk, given how quickly oil prices can feed into broader market expectations.

Latest closeWTI crude $87.52 ▲3.1%

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Sources

CNBC MarketsShort-sighted stock market can no longer brush off war: 'It's too hard to ignore $100 oil'
CNBC WorldShort-sighted stock market can no longer brush off war: 'It's too hard to ignore $100 oil'
CNBC FinanceShort-sighted stock market can no longer brush off war: 'It's too hard to ignore $100 oil'
CNBC FinanceShort-sighted stock market can no longer brush off war: 'It's too hard to ignore $100 oil'

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