Oil prices rise and stocks fall after U.S. hits Iranian sites in the Strait of Hormuz

The price of oil rose and stocks fell on Wall Street Monday after the U.S. launched its first military action in a month against Iran.

Oil prices rise and stocks fall after U.S. hits Iranian sites in the Strait of Hormuz

TL;DR

  • Oil prices rose on Monday.
  • Stocks fell on Wall Street on Monday.
  • The U.S. launched military action against Iran.
  • This was the first U.S. military action against Iran in a month.