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Oil prices jump 7% as Israel-Iran tensions threaten crucial Strait of Hormuz supply route.
Oil prices surged over 7% on Friday after Israel's attacks on Iranian targets raised fears of supply disruptions.
The S&P 500 fell 1%, the Dow Jones Industrial Average dropped 1.6%, and the Nasdaq Composite declined 1.1%.
Iran is a key oil producer, and any wider conflict could slow oil flows, raising global prices.
Gold prices rose as investors sought safer assets, while Treasury bond yields increased, reflecting concerns about inflation.
The situation is being closely monitored, especially the potential impact on the Strait of Hormuz.
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Los precios del petróleo suben un 7% a medida que las tensiones entre Israel e Irán amenazan la crucial ruta de suministro del Estrecho de Ormuz.