President Donald Trump’s new war hit the markets Monday morning, with the economic fallout set to hammer the same Americans he needs to save him at the midterms.
Oil and gas prices rocketed as trading opened for the first time since Trump launched his assault on Iran on Saturday. Crude prices were up 13 percent in early trading.
All three major U.S. stock indexes, meanwhile, dropped 1.5 percent as investors scrambled to insulate themselves from an anticipated global economic downturn amid disruptions to energy supplies.
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