Stocks Fall as Investors Brace for Iran War’s Economic Repercussions

The most acute impact is the energy market as ships carrying oil and gas through the Strait of Hormuz have dwindled. Gas prices in Europe have surged 50% in price as a large supply of the world’s liquified natural gas is from Qatar whose state-owned energy company said on Monday that it will stop production of its LNG after military attacks on 2 of its facilities.