After Israel attacked Iranian targets, the increase in violence caused oil prices to go up a lot and stock markets to fall on Friday. This happened because people worried about the global oil supply. Major stock indexes like the S&P 500, Dow Jones, and Nasdaq all dropped significantly, while the price of U.S. crude oil went up by 7.3% to $72.98 per barrel. Even though experts say that these quick increases in oil prices often calm down when the situation doesn't get worse, Wall Street is watching closely. Because of this, companies that rely on fuel and people feeling good about travel, like Carnival and United Airlines, lost a lot of money. However, U.S. oil producers, defense companies, and gold gained. Despite these changes in the market, inflation is still quite steady, but there are concerns it could speed up because of President Trump's tariffs.