The Dow took a tumble on Day 4 of the Iran war, as oil prices rise. CBS News' Kelly O'Grady breaks down the latest data.
Breakdown
- Dow drops 830 points as oil prices surge 9% to $84 per barrel 3s
- Iranian strikes and Strait of Hormuz instability disrupt oil supply 27s
- Super tanker costs hit record highs; insurers drop war risk coverage 35s
- US plans energy relief, including boosting oil production and reserves 2m 8s
- China faces higher oil costs due to loss of sanctioned Iranian and Venezuelan oil 3m 11s