US stocks slip as crude oil surges past $100 amid Iran tensions
US stock markets edged lower as crude oil prices climbed above the $100 per barrel mark amid rising geopolitical tensions involving Iran. The surge in oil prices, typically a headwind for equity markets, weighed on investor sentiment across major indices.
The spike in crude reflects concerns over potential supply disruptions stemming from regional instability. Energy-sensitive sectors and broader market confidence were affected by the commodity's sharp movement.
