Wall Street opens lower as oil prices rise

Wall Street main indexes opened lower on Monday as military strikes between the United States and Iran drove up oil prices. The escalation fanned inflation worries and shifted the interest rate outlook.

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A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 24, 2026.  REUTERS/Brendan McDermid

United States equities opened lower on Monday morning after military strikes involving Iran drove up Brent Crude Oil prices. The market pullback reflects mounting inflation fears as the interest-rate outlook turns more hawkish.

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