Dow Jones Rises Amid Middle East Tensions as Oil Prices Surge
The Dow Jones Industrial Average (DJIA) climbed 0.69% despite escalating Middle East tensions, with Iran striking a U.S. base in Qatar and crude oil futures jumping 15% this month. Markets shrugged off geopolitical risks, focusing instead on resilient corporate earnings and Trump's renewed push for domestic oil production.
Energy sector volatility dominated sentiment as President TRUMP demanded immediate drilling expansion via Truth Social. The Al Udeid Air Base attack—where Qatar intercepted all missiles—failed to dent investor confidence, though Iranian officials warn the conflict could persist for years.