Shortsighted stock market can no longer brush off war: ‘It’s too hard to ignore $100 oil’

Link: https://www.cnbc.com/2026/07/23/short-sighted-stock-market-can-no-longer-brush-off-war-investors-say.html

Key points:

U.S. equities fell on Thursday after Brent Crude prices broke above $100 per barrel once again.

The rise in oil prices come after the U.S. conducted strikes against Iran for a 12th consecutive night, and reports that a tanker was attacked off the coast of Saudi Arabia.

While U.S. stocks initially didn’t react much to the reignited conflict while oil prices rose and Treasury yields marched higher, investors on Thursday began to rethink their potential short-sighted outlook.