NYSE:FIGR 3 March 2026

March 15, 2026, 10:00 AM EDT. U.S. stock markets slid on Friday amid escalating tensions in Iran, with the S&P 500 falling 0.61%, Dow Jones down 0.26%, and Nasdaq 100 dropping 0.62%. The conflict near the Strait of Hormuz disrupted oil flows, boosting crude prices over 3%. The U.S. moved a Marine expeditionary unit to the region as Iran intensified attacks and began laying mines, complicating shipping routes. Despite a temporary U.S. waiver allowing imports of Russian oil already en route, global supplies remain volatile. Goldman Sachs warned oil could surpass the 2008 peak near $150 a barrel if disruptions persist. Inflation fears lifted bond yields worldwide, pushing the German 10-year bund and U.S. 10-year Treasury yields to multimonth highs. The International Energy Agency released emergency reserves yet forecasts an 8 million barrel per day global oil supply drop this month due to the conflict.