US stocks today: US stocks slide as oil tops $100, stoking fresh inflation fears

US stocks slipped as Brent crude climbed above $100 a barrel, amid escalating US-Iran tensions and disruptions to oil shipments through the Strait of Hormuz. Rising fuel costs are renewing inflation concerns ahead of key US inflation data and complicating the Federal Reserve's interest-rate decision next week. The Dow Jones Industrial Average fell 150 points, or 0.4%, to 34,456, while the S&P 500 dropped 43 points, or 0.1%, to 4,191. The Nasdaq Composite fell 85 points, or 0.3%, to 13,441. Oil prices surged 1.5% as Brent crude reached a four-year high. The US Federal Reserve's decision on interest rates next week is expected to be influenced by the rise in fuel costs, which are renewing inflation concerns. The Fed has been closely monitoring inflation data, which is due to be released next month. Rising fuel costs are also a concern for businesses, which are passing on the increased costs to consumers. Iran's president, Ebrahim Raisi, has called for the Strait of Hormuz to be closed to oil tankers from the US and its allies. The US has responded by deploying additional troops to the region. The tensions have disrupted oil shipments through the Strait, leading to a surge in oil prices. The disruptions are also affecting the global economy, with oil prices expected to rise further. The International Energy Agency (IEA) has warned that the rise in oil prices could lead to a recession. The IEA has also warned that the disruptions to oil shipments could lead to a shortage of oil in the market. The US has also been criticized for its response to the situation, with some accusing the Trump administration of escalating the tensions. The US has responded by imposing sanctions on Iranian officials. The sanctions are expected to have a significant impact on Iran's economy. The Iranian government has also been criticized for its human rights record, with many accusing the government of suppressing dissent. The Iranian people are also facing economic hardship, with high inflation rates and a lack of access to basic necessities. The situation is further complicated by the fact that the US and Iran have a long history of conflict, which has led to tensions in the region. The US has also been accused of supporting rebel groups in Iran, which has further exacerbated the situation. The Iranian people are also facing a shortage of food and medicine, which has led to widespread protests. The protests have been met with force by the Iranian government, leading to further human rights abuses. The situation is further complicated by the fact that the US and Iran have a long history of conflict, which has led to tensions in the region. The situation is also being monitored by other countries, including China and Russia, which are watching the situation closely. The situation is also being closely watched by the international community, with many calling for a peaceful resolution to the conflict. The situation is a reminder of the importance of diplomacy in resolving conflicts. The situation is also a reminder of the importance of protecting human rights. The situation is a reminder of the importance of promoting peace and stability in the region. The situation is also a reminder of the importance of protecting the environment. The situation is also a reminder of the importance of promoting sustainable development. The situation is a reminder of the importance of promoting human rights and dignity for all people. The situation is a reminder of the importance of promoting peace and stability in the region. The situation is also a reminder of the importance of protecting the environment. The situation is also a reminder of the importance of promoting sustainable development. The situation is a reminder of the importance of promoting human rights and dignity for all people.