Oil soars above $113, Nasdaq plummets in worst day since June on Iran strike news, AI spending concerns
Published . Updated .
Stocks fell Wednesday as oil prices soared above $111 a barrel on reports that the US and Israel are planning new strikes on Iran, while Meta and Tesla led tech stocks lower on AI spending concerns…
Directly affected
Indirectly affected
- FRO Frontline+1.5%
Tanker operators earn more when freight rates spike
- INSW International Seaways
Tanker operators earn more when freight rates spike
- DHT DHT Holdings
Tanker operators earn more when freight rates spike
- TNK Teekay Tankers
Tanker operators earn more when freight rates spike
- USO United States Oil Fund+0.9%
Oil prices move when Iranian supply is at risk
- XLE Energy Select Sector SPDR+4.9%
Energy companies move with Iran supply risk
- LMT Lockheed Martin+4.2%
Defense contractors get more work when conflict spending rises
- RTX RTX
Defense contractors get more work when conflict spending rises
- XOM Exxon Mobil
Oil producers earn more when crude prices rise
- DAL Delta Air Lines
Airlines pay more for fuel when oil prices jump
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| NDAQ | -9.04% | -8.22% | base | after close | after close | after close | after close |
| TSLA | -5.35% | -0.29% | base | after close | after close | after close | after close |
| FRO | +2.38% | -1.82% | base | after close | after close | after close | after close |
| INSW | +1.36% | -3.49% | base | after close | after close | after close | after close |
| DHT | -2.28% | -3.23% | base | after close | after close | after close | after close |
| TNK | +1.72% | -0.66% | base | after close | after close | after close | after close |
| USO | -0.46% | -1.11% | base | after close | after close | after close | after close |
| XLE | +0.97% | +0.55% | base | after close | after close | after close | after close |
| LMT | -6.43% | -7.02% | base | after close | after close | after close | after close |
| RTX | -0.33% | -0.66% | base | after close | after close | after close | after close |
| XOM | +0.46% | -0.17% | base | after close | after close | after close | after close |
| DAL | -4.91% | -3.24% | base | after close | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
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Oil soars above $113, Nasdaq plummets in worst day since June on Iran strike news, AI spending concerns New York Post
Source: New York Post
Taiwan Strait
| Company | When | Move | Status |
|---|---|---|---|
| DAL | three days earlier | -3.24% | final price |
| DAL | five days earlier | -4.91% | final price |
| DHT | three days earlier | -3.23% | final price |
| DHT | five days earlier | -2.28% | final price |
| FRO | three days earlier | -1.82% | final price |
| FRO | five days earlier | +2.38% | final price |
| INSW | three days earlier | -3.49% | final price |
| INSW | five days earlier | +1.36% | final price |
| LMT | three days earlier | -7.02% | final price |
| LMT | five days earlier | -6.43% | final price |
| NDAQ | three days earlier | -8.22% | final price |
| NDAQ | five days earlier | -9.04% | final price |
| RTX | three days earlier | -0.66% | final price |
| RTX | five days earlier | -0.33% | final price |
| TNK | three days earlier | -0.66% | final price |
| TNK | five days earlier | +1.72% | final price |
| TSLA | three days earlier | -0.29% | final price |
| TSLA | five days earlier | -5.35% | final price |
| USO | three days earlier | -1.11% | final price |
| USO | five days earlier | -0.46% | final price |
| XLE | three days earlier | +0.55% | final price |
| XLE | five days earlier | +0.97% | final price |
| XOM | three days earlier | -0.17% | final price |
| XOM | five days earlier | +0.46% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. April McClain Delaney sold Nasdaq (NDAQ) (held by a dependent child), worth $100,001 - $250,000 on 25 Aug 2026. That is 58 days before publication. Filed 9 Sep 2026. View the filing.
- Rep. Rohit Khanna bought Tesla (TSLA) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 27 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Tesla (TSLA) (held by a dependent child), worth $15,001 - $50,000 on 11 Sep 2026. That is 41 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Tesla (TSLA) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 48 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 29 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 29 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold Lockheed Martin (LMT) (jointly held), worth $15,001 - $50,000 on 17 Sep 2026. That is 35 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 52 days before publication. Filed 25 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, bought ExxonMobil Holdings (XOM), worth $250,001 - $500,000 on 31 Jul 2026. That is 83 days before publication. Filed 22 Sep 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Taiwan Strait, seven days against thirty
Taiwan Strait has 49 linked stories in the last 7 days and 49 in the last 30 on the page that also carries “Oil soars above $113, Nasdaq plummets in worst day since June on Iran strike news, AI spending concerns.” The recent pace is rising.
How solid the energy case looks
12 out of 100
“Oil soars above $113, Nasdaq plummets in worst day since June on Iran strike news, AI spending concerns” scores 12 out of 100. The score uses 1 sources.