US markets retreat, oil prices jump another 5% as Iran attacks on shipping worsen supply concerns
- Posted on March 12, 2026
- By Chicago Tribune
- 8 Views
US markets retreat, oil prices jump another 5% as Iran attacks on shipping worsen supply concerns

Markets on Wall Street retreated and oil prices jumped another 5% again early Thursday as the war in Iran approached its second week with no indication that the United States and Israel were ready …